Insurance News from March 16, 2016
National News
NFL Acknowledges Head Trauma Disease CTE Link for First Time
An NFL official has acknowledged a link between football and the brain disease CTE for...
International & Reinsurance News
Britain Raises Insurance Premium Tax to 10% to Fund Flood Defenses
Britain's finance minister George Osborne said on Wednesday he would raise the tax on...
Bangladesh Cyber Bank Heist Prompts Scrutiny of Cyber Security Measures
Munich Re Expects Profit Drop in 2016 on Soft Market, Low Interest Rates
Marketform Exits International Med Mal, Transfers Business to Dale Underwriting
Poland’s PZU Reviews Strategy: Plans to Slash Costs, Hike International Premiums
East News
The Hilb Group Acquires Raley, Watts & O’Neill in Maryland
The Hilb Group, a middle market insurance agency based in Richmond, Virginia, announced...
West News
Teamsters, Lyft Drivers Objecting to Class-Action Settlement
Five Lyft drivers and the Teamsters union will object to a proposed class action...
Southeast News
North Carolina Man Charged with Insurance Fraud Over Stolen Trailer Claim
North Carolina Insurance Commissioner Wayne Goodwin announced the arrest of Dale...
Texas / South Central News
Seat-Back Failure Leads to $124.5M Texas Verdict Against Audi
A Texas jury ordered Volkswagen AG's Audi unit to pay $124.5 million to an 11-year-old...
Midwest News
Investigators Looking at Rail Condition in Kansas Amtrak Derailment
Investigators looking into the derailment of an Amtrak passenger train in southwest...