Insurance News from November 26, 2019
National News
FEMA Envisions High-Tech Flood Insurance Program Using Parametrics, Blockchain
Blockchain technology and parametric insurance should be included in the Federal...
International & Reinsurance News
AIG to Sell Most of Fortitude Re to Carlyle, T&D Holdings for $1.8 Billion
American International Group plans to sell the bulk of Fortitude Re to private equity...
AXIS Capital’s Losses from Japan’s Typhoon Hagibis Estimated at $90M-$110M
Thieves Steal Priceless Items from Dresden’s Treasury Green Vault; Hiscox Comments
Online Scams Are Catching Newly Vulnerable Icelanders Unprepared
Digital MGA C-Quence Joins with Insurtech Cytora to Transform Mid-Market Insurance
East News
Vermont Seeks Storm Damage Assessment of Private Property
Vermont is asking the Federal Emergency Management Agency to assess damage to private...
West News
McDonald’s Will Pay $26 Million to Settle California Wage, Overtime, Break Claims
McDonald's Corp. agreed to pay $26 million to settle a nearly seven-year-old lawsuit...
Southeast News
Florida Investigating Attorney Charged with Lawsuit Fraud
The Florida Bar has opened an investigation of a New York lawyer who it says may have...
Texas / South Central News
AM Best Upgrades Rating of Texas Hospital Insurance Exchange
AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to "bbb+" from...
Midwest News
Spicer Joins Jewelers Mutual Leadership Team in Wisconsin
Neenah, Wisconsin-based insurer, Jewelers Mutual Group, has added Larry Spicer as vice...