Events that Topped World Insurance News in 2012 December 28, 2012 By Charles E. Boyle While 2012 wasn’t as tumultuous as 2011, it had its share of insurance shaking trends and events. Here in roughly...
Florida Court Allows Drivers to Rebut Presumption of Fault in Rear-End Crashes December 28, 2012 By Michael Adams Florida’s high court has ruled that drivers that cause an automobile accident by striking another car from behind can still...
Zurich Transfers Eagle Star to RiverStone; Irish Banking Business to Dunbar December 28, 2012 Zurich Insurance reported continued progress in its strategy to exit non-core businesses with two “key milestones” aimed at concentrating its...
Worst of Euro Crisis is Over, German Finance Minister Schaeuble Says December 28, 2012 The worst of the euro zone sovereign debt crisis is over, German Finance Minister Wolfgang Schaeuble has said in an...
6 Things for Independent Agents to Worry About in 2013 December 28, 2012 By Alan L. Shulman The 100-plus year-old independent agency distribution system is expanding, according to Future One’s 2012 Agency Universe Study. The number of...
Farmers Agents Sue Carrier Over Contracts, Taking Client Info December 27, 2012 By Don Jergler A group of Farmers Group Inc. agents have filed a lawsuit in Los Angeles Superior Court alleging the Los Angeles,...
Arthur J. Gallagher Acquires The Eriksen Group Of Michigan December 27, 2012 Arthur J. Gallagher & Co. acquired The Eriksen Group Inc., in Birmingham, Mich. Terms of the deal were not disclosed....
Canadian Private Equity Firm Onex Completes USI Acquisition December 27, 2012 Canadian private equity firm Onex Corp. said today it has completed its previously announced acquisition of USI Insurance Services from...
P/C Insurers’ Loss Reserves Continue to Surprise Analysts December 27, 2012 By Susanne Sclafane Analysts at two rating agencies, Fitch and Moody’s, believe property/casualty insurers’ prior-year loss reserve takedowns will continue to outpace reserve...
U. of Virginia Researchers Study ‘Virtual Reality’ Driving Tests December 27, 2012 On-road driving tests, a rite of passage for high school students, could soon join eight-track tape players and bench seats...