Insurance News from November 28, 2011
National News
Insured Loss Estimate from Hurricane Irene Rises to $4.3 Billion
An insurance industry service that tracks catastrophe losses has sharply raised its...
International & Reinsurance News
Validus Ends Transatlantic Takeover Bid
Reinsurer Validus Holdings Monday withdrew its offer for peer Transatlantic Holdings,...
East News
U.S. Rep. Barney Frank of Massachusetts Won’t Seek Re-election
U.S. Democratic Representative Barney Frank, who helped to craft the landmark overhaul...
West News
Montana State Fund Issues $6 Million Dividend
Montana State Fund says its workers' compensation insurance policyholders will be...
Southeast News
Insurer Must Pay for Florida Rental Car Crash by Unauthorized Driver
A Florida rental car customer's auto insurer must cover crash injuries, even though the...
Texas / South Central News
More Earthquakes Recorded in Oklahoma; Gov. Requests Disaster Assistance
At least five small earthquakes were recorded in central Oklahoma over the long...
Midwest News
80% of Claims from May Tornado in Minneapolis Have Been Resolved
The Minnesota Department of Commerce has reported that insurance companies have...