Florida Looks to Fix Loophole in PIP Reform Law May 9, 2012 By Michael Adams Florida regulators are scrambling to fix a loophole in the state’s new auto no-fault insurance law that could affect medical...
Flood Insurance Hearing Held in Washington May 9, 2012 Senators Jon Tester, D-Mont., and David Vitter, R-La., held a hearing today examining the need for long-term reauthorization and reform...
La Nina Exits As Expected; El Nino Fate Uncertain May 9, 2012 The U.S. Climate Prediction Center (CPC) said the La Nina pattern blamed for a crippling drought in Texas and severe...
Alabama Governor Signs Texting Ban; Expects to Sign Home Insurance Bills May 9, 2012 Alabama Gov. Robert Bentley has signed into law a measure (HB 2) that prohibits texting while driving. “Signing this bill...
Insurance Broker Confie Seguros Acquires 6 Agencies May 9, 2012 Confie Seguros, a personal lines insurance brokerage network focused on Hispanic consumers, said it has completed the acquisition of six...
Ratings: North Country, Liberty Mutual (notes), Allstate (shelf), Am. Freedom May 9, 2012 A.M. Best Co. has upgraded the financial strength rating to ‘A-‘ (Excellent) from ‘B++’ (Good) and issuer credit rating to...
Aviva Gives Financial Terms of Moss’ Departure May 9, 2012 Following the announcement that Andrew Moss will leave the Aviva Group at the end of May, the company announced that...
Earnings Report: XL Group May 9, 2012 By Charles E. Boyle Selected earnings highlights from the Dublin, Ireland-based XL Group plc for the first quarter of 2012 are as follows: Q1...
A.J. Gallagher Acquires Majority Interest in UK’s Insurance Dialogue Limited May 9, 2012 Arthur J. Gallagher & Co. announced that it has acquired a 78.5 percent interest in Insurance Dialogue Limited (IDL) of...
UK Seeking Delay to EU’s Iran Ship Insurance Ban May 9, 2012 By Dmitry Zhdannikov and Justyna Pawlak The UK is seeking to persuade fellow European Union members to postpone by up to six months a ban on...