U.S. Estimates Hurricane Matthew Damage to Recreational Boats at $110M February 20, 2017 Hurricane Matthew, which threatened four coastal states as it corkscrewed through the Atlantic in early October, caused an estimated $110...
North Carolina Regulators Consider 13.8% Auto Rate Increase Request February 20, 2017 The North Carolina Rate Bureau (NCRB) has requested an average increase of 13.8 percent on private passenger automobile insurance rates...
W.R. Berkley Suspends Marine Underwriting in London: Sources February 20, 2017 W.R. Berkley has put under review and is suspending underwriting for its London marine book until it can determine the...
Florida AOB Abuse Update: ‘Alarming Trend’ Reaches Crisis Point February 20, 2017 By Amy O'Connor Assignment of benefits abuse has escalated over the last five years to the point where it is now a serious...
Is Money the Key to Happiness? Not Anymore! February 20, 2017 By David Coons Does money truly buy happiness? Money does not equate to a happier life, according to economists. However, a number of...
Legalized Marijuana Takes Hold in Maine February 20, 2017 By Patrick Whittle The first tangible results of Maine voters’ decision to legalize marijuana are being felt as possession and home growth of...
Demotech Suspends Florida Insurer Rating Criteria February 20, 2017 Recent Florida Supreme Court decisions and ongoing abuse in Florida’s insurance market have led ratings company Demotech to announce it...
Grinnell Mutual Grows from Complacent to Dynamic February 20, 2017 By Stephanie K. Jones A mutual insurer created more than 100 years ago to reinsure farm mutual insurance companies in Iowa has grown faster...
Texas Stamping Office Updates Eligible Surplus Lines Insurers List February 20, 2017 The Surplus Lines Stamping Office of Texas (SLTX) has identified changes to the list of eligible surplus lines insurers in...
Brit Launches Lutine Yacht Consortium with Capacity of $250M February 20, 2017 Brit Ltd., the London-based specialty insurer, announced the launch of a new Lloyd’s consortium for yachts, called the Lutine Yacht...