Insurance News from April 29, 2016
National News
Large Insurers Eager But Cautious About Drone Insurance Market
A growing number of insurance companies envision a large, robust insurance market for...
International & Reinsurance News
Hackers in Bangladesh Bank Cyber Heist Pocketed About $70M; NY Fed Criticized
Hackers are likely to get away with about $70 million of Bangladesh's foreign reserves...
East News
Virginia Reminds Insurers: Rates, Rating Rules Must Be Cost-Based
Virginia Insurance Commissioner Jacqueline Cunningham has issued an administrative...
West News
Alaska Assisted Living Home Faces $75K Fine for Workplace Death
State labor officials have fined an Anchorage assisted living home $75,000 for alleged...
Southeast News
Florida Braces for Rate Hikes, Litigation Due to Workers’ Compensation Fee Ruling
The Florida Supreme Court's ruling that the state's current attorney fee limits are...
Texas / South Central News
Oklahoma Commissioner to Insurers: Pay Roof Repairs that Meet Building Codes
In the midst of storm season, the Oklahoma Insurance Department (OID) is reminding...
Midwest News
Chicago Jury Awards $22.7M to Widow for Work Zone Crash that Killed Spouse
The widow of a motorist who was killed when a speeding truck slammed into his car while...