National Flood Insurance Program Buys Private Reinsurance, Plans More in 2017 October 3, 2016 The federal government has contracted with private reinsurers to improve the National Flood Insurance Program’s claims paying ability and reduce...
West Virginia Lawmakers Approve $85M in Flood Relief October 3, 2016 West Virginia lawmakers addressed recovery costs from deadly floods in June in a brief session last month. The Senate adjourned...
Spotlight: 6 Things to Consider When Insuring Restaurants & Bars October 3, 2016 By Andrea Wells Kevin O’Connor, president of McGowan Hospitality, is no stranger to insuring the risks associated with restaurants, bars, taverns and nightclubs....
Florida Regulators Approve Rate Increase for Citizens Policyholders October 3, 2016 By Amy O'Connor Rates are going up for many Florida homeowners. The Florida Office of Insurance Regulation has approved a 6.4 percent overall...
P/C Direct Premium Written Up 4.3 Percent: Demotech October 3, 2016 By Douglas A. Powell Direct premium written (DPW) for property/casualty insurance companies continues to increase, albeit gradually. At year-end 2015, approximately $585 billion of...
Autonomous Vehicles Involved in Arizona Crashes October 3, 2016 Google says three of its self-driving vehicles were involved in crashes in the Phoenix, Arizona, metro area in August. The...
Why Businesses Don’t Invest Enough in Cyber Security: RAND Study October 3, 2016 The cost of a typical cyber breach to an American company is much less than has been generally estimated, providing...
More Businesses Fear Losing Data than Getting Hacked, Survey Shows September 19, 2016 By Don Jergler Losing data strikes more fear in businesses than getting hacked. A survey released earlier this month by San Francisco, Calif.-based...
Arch Coal Agrees to Fund Mine Cleanups to Exit Bankruptcy September 19, 2016 U.S. coal miner Arch Coal has agreed to set aside collateral to cover future mine cleanup costs as part of...
Drivers Most Ticketed in Ohio Are 21-Year-Olds: Analysis September 19, 2016 A newspaper investigation has found that 21-year-olds received the most traffic citations out of any age group in Ohio, despite...