Cellphone use and texting while driving are on the rise along with accessing the internet while driving — and it’s not just young people engaging in these dangerous activities behind the wheel. In its annual research report on distracted driving, …
About the Personal Lines Leaders: The 2013 Personal Lines Leaders in this special feature are taken from Insurance Journal‘s Top 100 Property/Casualty Independent Agencies as reported in August. This list utilizes only the 2012 personal lines numbers of the privately …
My New Markets is brought to you by Insurance Journal’s sister website: www.mynewmarkets.com Need a Market? Find it. FAST. Hotel/Motel Program Market Detail: Specialty Insurance Agency has expanded its hotel/motel program to California. Program targets risks up to seven stories …
While generally not a material drag on the U.S. property/casualty industry’s earnings, industry losses from asbestos and environmental (A&E) claims resumed an upward climb in 2012, according to a new A.M. Best Co. report. The report said annual incurred A&E …
Super Typhoon Haiyan, one of the strongest storms to hit land, may cost insurers as much as $700 million in the Philippines, a fraction of estimated damage, because few people are covered, a catastrophe modeler said. Total damage to residential, …
Twenty-four people died and a search continues for 10 others missing after three days of downpours triggered flooding in Vietnam’s central provinces, the National Committee for Flood and Storm Control said Saturday. Tropical storm Podul brought as much as 500 …
Many U.S. states are hesitant to embrace President Barack Obama’s fix to keep Americans from losing health insurance plans that do not comply with his healthcare reform, saying they need to figure out how to resurrect canceled policies and whether …
Eight private insurers have expressed interest in participating in a fund to provide insurance for losses suffered by customers of futures brokers that go bankrupt as in the cases of MF Global and Peregrine Financial Group, according to a study. …
More than 23,000 qualifying policyholders will receive a part of a $12 million dividend from Montana State Fund, the worker’s compensation insurer announced on Friday. This is the largest dividend MSF has declared since it began giving dividends in 1999, …
Safeco Insurance Co. has agreed to pay a $900,000 fine and reform its approval process for homeowners and auto insurance coverage, California Insurance Commissioner Dave Jones announced Friday. Safeco was fined for the unapproved use of credit scores to deny …
