Tantrums, Concubines, Hotpot Burns, Smog: China Insurers Have it Covered September 2, 2014 By Clare Baldwin and Diana Chan Your child throws a tantrum and smashes something? Take out “naughty child insurance”. Similarly, buy cover against your bride becoming...
EU Insurers Say New Rules Hurt $11.2 Trillion Investment Role September 2, 2014 By Oliver Suess Insurers in Europe, which manage about €8.5 trillion ($11.2 trillion) of client money, say their role as long-term investors may...
South Carolina Ex-Lawmaker Viers Pleads Not Guilty in Contractor Insurance Case September 2, 2014 By Jeffrey Collins A lawyer for a former South Carolina House member said he may not have realized what he was doing was...
Florida Judge Sentences Mastermind of $800M Fraud Scheme to 20 Years September 2, 2014 By Curt Anderson The man who masterminded an $800 million insurance scam that fleeced tens of thousands of investors in one of Florida’s...
Chicago Rideshare Law Requires $1M Commercial Auto, $1M CGL Cover September 2, 2014 Illinois Gov. Pat Quinn’s veto of legislation that would have implemented statewide regulation of commercial rideshare organizations, or Transportation Network...
Tower Group Reports SEC Has Launched Probe September 1, 2014 Tower Group International Ltd., which is in the process of being acquired by ACP Re Ltd., reported that it had...
Cyber Attacks on Banks Color Terrorism Insurance Renewal Debate September 1, 2014 By Carter Dougherty Bankers and U.S. officials have warned that cyber-terrorists will try to wreck the financial system’s computer networks. What they aren’t...
New York’s Staten Island Gets $56M to Control Future Flooding August 29, 2014 New York officials say $33 million in federal Sandy relief will be going toward the purchase of about 24 acres...
Nationwide Eyes Growth in New Jersey Auto Insurance Market August 29, 2014 By Young Ha Nationwide Mutual Insurance Company has begun selling its Nationwide-branded auto insurance in New Jersey this month for the first time...
Louisiana’s Homeowners Market Stronger 9 Years after Katrina August 29, 2014 Louisiana’s property insurance market is vastly improved nine years after Hurricane Katrina devastated the state on Aug. 29, 2005, largely...