Commercial property/casualty pricing continued to gently creep upwards in the second quarter, however signs of some moderating of increases also surfaced. The Council of Insurance Agents & Brokers’ quarterly Commercial P/C Market Index Survey revealed that, on average, pricing rose …
Zurich Insurance Group AG is among companies being questioned by New York’s insurance regulator in a widening probe into compliance with an Iran sanctions law, according to a person familiar with the matter.The state Department of Financial Services is asking …
New York-based insurance brokerage and risk management firm Integro announced the hiring of James M. Sheehan as a principal in its Boston office, specializing in management risk, financial institutions and private equity matters. An attorney and insurance expert, Sheehan brings …
DriveFactor has partnered with Admiral Group plc to expand usage-based insurance (UBI) offerings throughout the U.K. Through this partnership, DriveFactor will power a version of Admiral’s Bell Safe Driver policy, which offers discounted auto insurance to U.K.-based drivers who apply. …
Catastrophe modeling firm AIR Worldwide promoted Bill Churney to the newly-created position of chief operating officer. Based in AIR’s Boston headquarters office, Churney will have immediate responsibility for all product management, software product development, global business development, marketing, consulting, and …
The Kansas Fire Marshal is drawing fire for his efforts to reinstate oversight of the explosive industry in the state. The fire marshal lost legal authority to issue permits to explosive industry operators in 2010, when an assistant attorney general …
The Maryland Insurance Administration on Tuesday issued its first administrative orders under newly granted authority to pursue civil cases of insurance fraud. The authority took effect last October following passage of legislation by the 2012 Maryland General Assembly. Previously, the …
Nearly a dozen people reported being injured in the last five years while riding the Texas roller coaster from which a woman fell to her death last week, though the most serious injuries appear to be a concussion and muscles …
How are agencies targeting new business today? What do agencies want most from carriers? And just how much are agencies growing in current market conditions? These are some of the questions that a new industry survey plans to answer. Participate …
Getting Oklahoma lawmakers to return for a special session to address a civil lawsuit bill ruled unconstitutional by the courts is a “waste of time and money,” the House Democratic leader said. Rep. Scott Inman said he believes most Oklahomans …
