The Travelers Companies today reported net income of $925 million for its 2013 second quarter, an 85 percent jump from $499 million net income posted a year ago. The insurer credited lower catastrophe losses and continued improvement in underlying underwriting …
Dartmouth College and the University of Southern California are under investigation by the U.S. Education Department for their responses to campus sexual harassment and misconduct. The department’s Office for Civil Rights is investigating the two colleges for violations of Title …
Two U.S. lawmakers introduced legislation on Monday to give companies another tool to fight lawsuits brought by companies that specialize in patent litigation. Their bill would broaden the power of the U.S. Patent and Trademark Office to review patents and …
West African pirates will threaten the region’s oil and shipping industries for years as the measures used to curb attacks in the Indian Ocean aren’t able to help, according to a provider of armed guards for vessels. While international navies …
Canadian P&C insurer Intact Financial said it expected quarterly results would be hurt by losses from a train derailment and fiery explosion in a Quebec town and storm and flood damage in Canada’s oil capital, Calgary, and Toronto, the country’s …
Catastrophe modeling firm AIR Worldwide has issued a report on the M6.5 earthquake that struck New Zealand’s Cook Strait, 54 km SSW of the capital city of Wellington, at a depth of 14 km [app. 8.7 miles] on July 21, …
Catastrophe modeling firm AIR Worldwide has released its analysis of the damages suffered by rural communities in northwest China’s Gansu province from the “devastating earthquake on July 21 at 23:45:56 UTC (July 21, 7:45 a.m. local time).” AIR noted that …
Folsom, CA, 07/23/13 – In an effort to gain valuable insight about their company and vendor members, CIWA has elected to revise their bylaws and allow for more associate members. “CIWA is adapting to the changing environment of the California …
AOR/BOR Procedures for Benefits. For some unknown reason, I continually find Benefits Producers thinking the P&C AOR/BOR procedures are not applicable to them because the risk on the P&C side does not exist on the benefits side. This belief is …
Gov. Robert Bentley’s administration has set up a new liability insurance plan for Alabama’s school workers who previously relied on the Alabama Education Association and other groups for coverage. How it will affect AEA won’t be known until long after …
