What Are Chances a U.S Business Will Face an Employee Lawsuit? October 28, 2015 By Andrew G. Simpson U.S.-based small and medium sized businesses face an almost 12 percent chance that they it will be hit with an...
The Hartford Earnings Fall in Q3 October 27, 2015 By Andrew G. Simpson The Hartford reported core earnings of $364 million for the three months ended Sept. 30, a 24 percent or $113...
Auto Insurance Market to Shrink 60% by 2040: KPMG October 23, 2015 By Andrew G. Simpson By the time today’s millennial insurance professionals are its top executives, the U.S. personal auto insurance industry will be a...
Chubb Shareholders Approve Merger with Ace October 22, 2015 By Andrew G. Simpson The Chubb Corp. said its shareholders approved the previously announced $28.3 billion merger agreement with Ace Limited today. The proposal...
New Insurance Policy Protects Homebuyers’ Down Payment October 13, 2015 By Andrew G. Simpson Homebuyers may soon be able to buy insurance to protect their down payments in the event they sell their home...
Insurers Say Trans-Pacific Pact Important for Industry Growth, Jobs October 5, 2015 By Andrew G. Simpson U.S. property/casualty insurers are welcoming the news that the Trans-Pacific Partnership (TPP) parties have reached an agreement. Although details of...
ACE-Chubb Deal Clears Antitrust Hurdle October 1, 2015 By Andrew G. Simpson The Federal Trade Commission (FTC) has given the green light to ACE Limited’s $28 billion acquisition of rival insurer Chubb...
No Coverage for Tony Stewart in Ward Race Car Death: Axis Insurance September 25, 2015 By Andrew G. Simpson Axis Insurance says the lawsuit brought against racing star Tony Stewart, whose car struck and killed another racer during a...
OSHA Extends Comment Period for Injury Reporting Rule September 23, 2015 By Andrew G. Simpson The Occupational Safety and Health Administration (OSHA) is extending the deadline for submitting comments on a proposed rule that it...
Why Now Is Time to Privatize Flood Insurance: A Candid Conversation with Hiscox USA CEO Walter September 21, 2015 By Andrew G. Simpson The private insurance industry is ready and anxious to take on flood risk, and politicians should reform the federal program...