Insurance News from February 05, 2013
National News
U.S. Hits S&P with $5 Billion Fraud Lawsuit Over Mortgage Securities Ratings
The U.S. government is seeking $5 billion in its civil lawsuit against Standard &...
International & Reinsurance News
French Oil Tanker Likely Hijacked off Ivory Coast
A French-owned oil tanker missing off Ivory Coast with 17 sailors on board likely has...
East News
N.Y. Gov. Proposes to Spend Up to $400M to Buy Out Storm-Wrecked Homes
New York Gov. Andrew Cuomo wants to spend up to $400 million to buy and demolish homes...
West News
MMIC to Acquire Utah Medical Insurance Association
MMIC, a large Midwest medical professional liability firm, has entered into an...
Southeast News
Florida Supreme Court Rules Arbitration Clauses Apply to Fraud Claims
The Florida Supreme Court says contract clauses requiring arbitration to settle related...
Texas / South Central News
Wright Retiring as Texas Mutual President, CEO; Gergasko Named Successor
Ron Wright, who has served as president and chief executive officer of Texas Mutual...
Midwest News
EMC Insurance Launches New School Safety Initiative
Des Moines, Iowa-based EMC Insurance Companies is partnering with SafeSchools to create...