New Task Force to Address High Auto Insurance Rates Louisiana September 3, 2018 A new task force created to investigate the high cost of auto insurance in Louisiana held its first meeting on...
A Tale of Two Floridas: Hurricane Irma’s Belated Impact on Reinsurers September 3, 2018 Reinsurers expressed different views of loss developments related to Hurricane Irma, when executives reviewed the impact of the Florida event...
Markel to Acquire Insurance-Linked Securities Manager Nephila August 31, 2018 Specialty insurer Markel Corp. has agreed to acquire all of the outstanding shares of Nephila Holdings, a standalone insurance-linked securities...
A.M. Best Upgrades Ratings of PURE Group August 31, 2018 A.M. Best has upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit...
Delaware Teen Charged in Store Fire That Caused $3M in Damage August 31, 2018 A Delaware teen is accused of starting a fire at a Family Dollar store that caused an estimated $3 million...
Indictment Says Maryland Restaurateur Plotted to Burn Restaurant, Frame Wife August 31, 2018 Federal prosecutors say a Maryland restaurant owner was under pressure, facing an impending divorce and financial ruin. His solution, they...
SIAA Promotes Tombarelli and Holmes, Expands Their Roles August 31, 2018 National independent agency alliance SIAA (Strategic Insurance Agency Alliance) has promoted two executives, Steve Tombarelli and Jeff Holmes, and expanded...
State Farm Mutual Automobile Insurance Company Announces New York Rate Cut August 31, 2018 State Farm Mutual Automobile Insurance Company has announced it will cut its rates in New York. As a result, its...
Foremost Auto Insurance Business Being Rebranded to Bristol West August 31, 2018 Foremost Insurance Group, a member of the Farmers Insurance Group, said the Foremost automobile insurance book of business will be...
Lloyd’s Commercial Officer Vandendael to Exit Lloyd’s to Take Executive Role at Everest August 31, 2018 Lloyd’s announced that its chief commercial officer, Vincent Vandendael, has decided to leave the corporation after almost six years. He...