Insurance Industry Is Rethinking Cat Modeling After Last Year’s Disasters July 16, 2018 By Elizabeth Blosfield After Hurricane Harvey swept through Texas last August, it not only left behind nearly 50 inches of rain in some...
P/C Insurers Double Q1 Profit on Tax Changes, Growing Economy, Lower Cat Losses July 16, 2018 By Andrew G. Simpson Tax reform, a growing economy and lower catastrophe losses helped U.S. property/casualty insurers more than double their first quarter profit...
Trump Administration Forms Financial Frauds Task Force July 16, 2018 By Ben Bain and David McLaughlin In forming a new task force to protect consumers from fraud, the Trump administration made clear that one of the...
U.S. Intelligence Warning: Cyber Threats Against U.S. Occurring Daily July 16, 2018 By Deb Riechmann Warning lights about cyber threats to U.S. national security are “blinking red” and the digital attempts to undermine America are...
New Agency Meddix Insurance Launches in Southeast July 16, 2018 Rocky Mount, N.C.-based MSH Insurance Agency has launched a new retail insurance agency to service clients in the hospice, home...
Family of Tennessee Waffle House Shooting Victim Files $100M Lawsuit July 16, 2018 A woman whose son was one of four people killed at a Waffle House in Tennessee has filed a $100...
Liberty Mutual Increases Per Risk Property Insurance Capacity to $800M July 16, 2018 Liberty Mutual’s National Insurance Property unit has increased its per risk capacity to $800 million from $600 million to help...
Kentucky Coal Mine Supervisors Face Charges Over Rigged Dust Monitoring July 16, 2018 By Dylan Lovan Eight former supervisors and safety officers at a Kentucky coal company were indicted on federal charges that they rigged dust...
Mass. Raises Minimum Wage, Creates New Paid Leave Program July 16, 2018 Massachusetts Governor Charlie Baker has signed into law an act that will mandate an annual August sales tax holiday, increase...
State Farm to Cut Auto Rates in Penn. July 16, 2018 State Farm Mutual Automobile Insurance Co. plans to cut its rates in Pennsylvania. The total statewide expected impact of this...