S&P: Primary P/C Insurers, Not Reinsurers, to Bear Brunt of Harvey’s Insured Losses August 29, 2017 While it’s too early to accurately quantify the insured losses related to Hurricane Harvey, primary insurance carriers — as opposed...
Illinois Governor Vetoes 2nd Workers’ Comp Bill August 29, 2017 Illinois Gov. Bruce Rauner has vetoed another workers’ compensation reform bill that was strongly opposed by the insurance industry. He...
Judge Rules Against Iowa DOT in Noncommercial Vehicles Citations Case August 29, 2017 Another judge has ruled that Iowa Department of Transportation officers didn’t have authority to issue speeding tickets to drivers of...
Davis Named Operations Director at Powers Insurance and Risk Management August 29, 2017 St. Louis Missouri-based POWERS Insurance and Risk Management and sister company Valley Insurance Agency Alliance (VIAA) has named Tim Davis...
Texas Regulators Offer Guidance to Insurers on Harvey Response August 29, 2017 The Texas Department of Insurance has issued several bulletins offering guidance to insurers related to Hurricane Harvey, which made landfall...
P/C Insurers Lost $5.1 Billion on Underwriting in First Half of 2017: A.M. Best August 29, 2017 The U.S. property/casualty (P/C) industry recorded a net underwriting loss of $5.1 billion for the first six months of 2017,...
Colorado Tells Sessions That Pot Industry Is Working And Can Be Better August 29, 2017 Colorado’s legal marijuana industry is working – and can work better with federal collaboration, the state’s governor and Republican attorney...
HUB California Adds Brown & Brown’s Caster as Account Executive August 29, 2017 HUB International of California has named Adam Caster an account executive and producer in its La Palma office. Caster reports...
California Bill Targets Sexual Harassment by Venture Capitalists August 29, 2017 By Lizette Chapman A rash of sexual harassment scandals this summer involving venture capitalists has laid bare a major weakness in laws meant...
AXIS Capital’s $611.5M Acquisition of Novae Approved in Shareholder Vote August 29, 2017 AXIS Capital Holdings Ltd. announced that shareholders of Novae Group have approved the company’s acquisition by AXIS. Approximately 99.97 percent...