This Lowdown provides you with a perspective on the report Insuring Millennials: The Most Underinsured Generation, a report added to the Carrier Management Research & Trends site this week. This report was written for the insurance carrier audience, addressing the …
Typhoon Damrey made landfall in Vietnam during November as a Category 2 strength storm, bringing estimated economic damages of VND22.1 trillion (US$1.0 billion) – a rare billion-dollar event for the country, according to Impact Forecasting, Aon Benfield’s catastrophe model development …
Oklahoma City-based independent insurance agency, INSURICA, has named Mark Bridges to lead its Texas operations as regional president. Bridges is currently the president of INSURICA DFB Insurance Services Inc. (formerly DFB Insurance Group LLC) and is a third-generation insurance executive. …
Lockton Affinity Lawyer has added CyberLock Lawyer to its portfolio of products for lawyers and firms with one to 19 attorneys. The CyberLock Lawyer cyber risk insurance policy protects firms and attorneys from cyber risks, such as confidentiality and privacy …
Several days of strong winds in late October arrived at the wrong time for many farmers who saw their crops shrink as ears of corn fell to the ground in Nebraska and western Iowa. The extent of the damage varied, …
Zurich Insurance Group announced that it has entered into an agreement to acquire 100 percent of ANZ’s life insurance businesses, OnePath Life, in Australia, for A$2.85 billion (US$2.14 billion). Both parties expect the transaction, which is subject to regulatory approval, …
The U.S. Department of Agriculture says Arkansas farmers received $466 million in federal “safety net” payments this year for their crop losses in 2016, third highest in the nation. The Arkansas Democrat-Gazette reports that this year’s payments are $100 million …
Wisconsin regulators can’t enforce a rule requiring sprinklers in large apartment buildings, Republican Attorney General Brad Schimel said on Dec. 8 in a victory for builders looking to save on costs. The state Department of Safety and Professional Standards adopted …
A suburban Chicago chiropractor has been sentenced to 20 months in prison for billing an insurance company more than $4 million for treatment that was unnecessary or never provided. Federal prosecutors said Thursday 46-year-old Steven Paul of Northbrook pleaded guilty …
A Texas pilot who survived a 2012 Gulf of Mexico plane crash and used an iPad to record his time in the water acknowledges it was insurance-related fraud. Theodore Robert Wright III pleaded guilty on Dec. 7 in Tyler to …
