National News

Law Firms Like Facebook to Track Down Medical Victims

For ambulance chasers, persistence and a phone book just don’t cut it anymore. Law firms, which once relied on television commercials, billboards, and cold calling numbers in the white pages to find plaintiffs for medical lawsuits, have begun to embrace technology. To …

Google Compare and ITC in Online Partnership That Brings Agents into Mix

Google Compare is using a rating system provided by Insurance Technologies Corp., the Carrollton, Texas-based software provider announced Wednesday. In making the announcement ITC’s top executive said it’s a move that will keep agents involved in the online search for auto …

Main Street America Names Randle as Director of Distribution

The Main Street America Group has appointed Dave Randle as director of distribution management. He replaces Chris Cox, who was recently named president of Main Street America’s new Florida Region. Randle will be responsible for developing the distribution strategy with …

V3 Launches Community Association Package Program

V3 Insurance Partners LLC has launched V3 CAPP+, a new package program for condominium & homeowner associations, cooperative apartments and office condominium associations. V3 CAPP+ is backed by Hiscox Insurance Co., Inc. The multi-line policy is designed to cover the …

NOAA Predicts Quiet-ish Atlantic Hurricane Season

The U.S. Climate Prediction Center says the 2015 Atlantic hurricane season will likely be below-normal. But that’s no reason to believe coastal areas will have it easy, say the weather experts at the center, which is part of the National …

Wall Street Doesn’t Like Obama Plan on Retirement Brokers’ Fiduciary Duty

The head of Wall Street’s self-regulator criticized the Obama administration’s effort to impose stricter standards on brokers who manage retirement accounts, saying the rule would make it difficult for smaller investors to get advice. In a speech Wednesday, Financial Industry …

Google Driverless Test Cars to Have Steering Wheels, Brakes

Google Inc. will begin testing self-driving cars of its own design on public roads this summer, but they will have steering wheels and brakes, which is not what the company described a year ago. Engineers will operate 25 prototype vehicles, …

Greenberg at 90: Still Fighting and Angry After All These Years

Maurice “Hank” Greenberg spent some of his 90th birthday party like he’s spent much of the past decade: angry. As he addressed his family at a lunch at a private estate this month, one of his sons made another laugh. …

Marcell Exits Guy Carpenter; Newhouse Named Interim CEO of U.S. Operations

Reinsurance specialist Guy Carpenter & Co. has appointed of Britt Newhouse, chairman, to the additional role of interim CEO of U.S. Operations.  This appointment is effective immediately. At the same time, the firm announced the departure of Andrew Marcell, former …

For P/C Insurers, 2014 Was Better Than Average Year

Analysts who predicted the U.S. property/casualty industry would have a tough time topping its 2013 results in 2014 were largely correct as there was some slippage. However, while property/casualty insurers were not as profitable as they were in 2013, they …

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