Insurance News from September 03, 2014
National News
Court Frees Goldman from Paying Ex-VP’s Legal Fees
Goldman Sachs Group Inc. should not have been ordered to pay former programmer Sergey...
International & Reinsurance News
‘Worst Market in Memory’ to Keep Pressure on Reinsurance Rates
The worst reinsurance market in memory looks set to carry into 2015, industry...
East News
Principal Acquires Travelers’ Stake in NYC Office Tower for $117.6M
An affiliate of Principal Financial Group Inc. bought a 49 percent stake in 77 Water...
West News
Insured Losses From the Napa Quake Pegged at $250M or Less
Insured losses from the Aug. 24 earthquake that struck Napa, Calif. will not exceed...
Southeast News
Infamous Florida ‘Speed Trap’ Town Accused of Profiting from Tickets
The north Florida town of Waldo has long had a reputation as a speed trap, and it's no...
Texas / South Central News
Workers’ Comp Loss Costs Declining Again in Oklahoma
For the second straight year, workers' compensation loss costs used by insurers to...
Midwest News
Storms Trigger Tornadoes, Hail, Floods Throughout Midwest
A storm spotter was hospitalized in Iowa on Sept. 1 after he was struck by lightning...