P/C CEOs Say Low Interest Rates Push Need for Stringent Underwriting January 17, 2012 By Young Ha The low interest-rate environment and poor investment income are pushing the need for more stringent underwriting for carriers, according to...
Man Claiming Abuse by Sandusky Asks to Intervene in Insurance Lawsuit January 13, 2012 By Young Ha A man who claims to have been sexually abused as a child by former Penn State coach Jerry Sandusky is...
Penn.-based NSM Insurance Receives Capital Investment January 12, 2012 By Young Ha NSM Insurance Group, an insurance program administrator, said it has received a capital investment from a private equity investment firm....
N.Y. Court: Worker Injured on Break Entitled to Workers’ Comp Benefits January 11, 2012 By Young Ha A New York court has ruled that a worker taking a short break does not constitute an interruption of employment,...
Report: N.Y. Regulators Examine Banks Over Force-Placed Home Insurance January 11, 2012 By Young Ha New York financial regulators are reportedly investigating several major banks to find out whether they fraudulently steered homeowners into more...
FIO’s McRaith: 150 Comments Received on Modernizing Insurance Regulation January 11, 2012 By Young Ha Speaking at an industry conference yesterday, the Federal Insurance Office’s top official gave an update on his department’s upcoming report...
I.I.I. Survey: P/C Executives Expect Improved Profitability in 2012 January 11, 2012 By Young Ha Most property/casualty insurance executives believe the worst of the financial crisis is over and that the industry is now in...
Wishing You a Happy New Year January 9, 2012 By Young Ha The year 2011 is now behind us — and what a year it was for the P/C insurance industry. There...
N.J. Court Rules in Favor of Allstate in Agency Franchise Lawsuits January 7, 2012 By Young Ha Allstate announced on Friday that the Superior Court of New Jersey has entered judgment in favor of Allstate New Jersey...
Report: Liberty Mutual Failed in Bid to Buy Harleysville January 6, 2012 By Young Ha It turns out there was another player in last year’s merger deal between Nationwide Mutual Insurance Co. and Harleysville Mutual...