Small commercial lines is suddenly the Cinderella of the insurance industry. Previously the unwanted step child turned beauty queen being courted, pursued, and being offered dowries for marriage. Dowries and marriage are the correct metaphors because companies are clearly willing …
The earthquake that jolted California’s wine capital may have caused at least $1 billion in property damage, but it also added impetus to the state’s effort to develop an early warning system that might offer a few precious seconds for …
U.S. home construction rebounded in July, rising to the fastest pace in eight months and offering hope that housing has regained momentum after two months of declines. Construction increased 15.7 percent in July to a seasonally adjusted annual rate of …
The owners of the rights to the famed pornographic film “Deep Throat” have lost a lawsuit accusing the producers of the 2013 biopicture “Lovelace” of copyright infringement. U.S. District Judge Thomas Griesa in the federal court in Manhattan, in a …
In Kentucky, workers’ compensation loss costs used by insurers in figuring rates to charge employers will show an overall decrease for the ninth straight year. Kentucky Insurance Commissioner Sharon P. Clark announced today that the state’s Department of Insurance has …
A federal judge has rejected the United States’ bid to dismiss a more than $25 billion lawsuit filed by Maurice “Hank” Greenberg, the former chief executive of American International Group Inc., over the insurer’s government bailout, clearing the way for …
Keystone Insurers Group has added Perry, Georgia-based Moore Insurance Agency as its 18th franchise partner in the state. The announcement was made by Moore Insurance Agency President Mike Moore and Keystone’s Georgia Vice President Kaye Garruto. Established by Herbert Moore …
Earlier this year, Google announced the introduction of a completely driverless car. On this blog, Eli Lehrer took time to discuss the insurance implications of such a development. Among other things, he posited that, as drivers become less involved in …
Bermuda-based Global Atlantic Financial Group Limited announced that Tom Milligan, Co-CEO of its Ariel Holdings Limited subsidiary, will retire upon the closing of the planned sale of Ariel Re companies to Brazil’s Banco BTG Pactual S.A. Tom Hulst, currently Co-CEO …
The Intergovernmental Panel on Climate Change (IPCC) announced that the authors have “finished drafting the Synthesis Report of the Fifth Assessment Report (AR5) and sent the draft to governments for comments on the text.” The IPCC noted that this is …
