Insurance News from October 12, 2018
National News
Insurers, Reinsurers Can Handle Hurricane Michael Losses: Fitch
The property/casualty re/insurance industry should be able to absorb the losses from...
International & Reinsurance News
Cincinnati Financial to Acquire London Specialty Underwriter from Munich Re
In a bid to diversify its earnings and expand its markets beyond the U.S., Cincinnati...
Cryptocurrency Theft Soars to $927 Million During 1st Nine Months of 2018: Report
Patisserie Holdings’ CFO Arrested as UK Fraud Office Probes Accounting Scandal
Update: Severe Cyclone Titli Hits Eastern India, Killing 9 People, Displacing 300,000
Indian Employers Pressured to Take More Seriously Surge in #MeToo Allegations
East News
Gas Blasts Near Boston Linked to NiSource Unit’s Work Orders
A series of explosions that rocked several towns north of Boston, Mass., last month has...
West News
Walmart Paying $65M to Settle California Suit Over Seating For Cashiers
Walmart Inc. has agreed to pay $65 million to nearly 100,000 current and former...
Southeast News
A.M. Best: Insurer Losses from Hurricane Michael Will Be ‘Significant’
Insurers, reinsurers and ILS investors could face significant losses from Hurricane...
Texas / South Central News
Texas Governor Extends Time for Ruling on Windstorm Rate Increase Filing
Texas Gov. Greg Abbott has effectively extended until June 16, 2019, the deadline for...
Midwest News
Minnesota Chiropractors Going to Prison for Insurance Fraud Schemes
Two Minnesota chiropractors have been sentenced to prison for their roles in separate...