ACE Takes 24% Stake in CoverHound’s Online Commercial Insurance Plans October 5, 2015 By Don Jergler CoverHound has raised $33.3 million in a financing round led by ACE Group, which the company plans to use to...
Retailers Most Vulnerable to Cyber Breaches at Point-of-Sale October 5, 2015 By Stephanie K. Jones In justifying a reluctance to purchase cyber insurance coverage for data breaches, many retailers insist they don’t store credit card...
Farmers Opens Connecticut Territory Office October 5, 2015 Farmers Insurance, which began providing insurance and financial services to Connecticut consumers on Jan. 1, 2015, announced the opening of...
Fitch: 4 Hot Topics Affecting Reinsurance October 5, 2015 Fitch published a list of key takeaways from last month’s reinsurance Rendez-Vous in Monte Carlo, where some of the major...
Study: Rate of Hispanic Business Start-Ups Highest in Midwest October 5, 2015 The growth in Hispanic-owned businesses in the United States is outstripping that of companies in general and the fastest growth...
Maryland Welcomes 7 New Insurers October 5, 2015 The Maryland Insurance Administration (MIA) announced on Sept. 14 that seven new insurance companies have been approved to offer workers’...
Moody’s Sees 2015 as Turning Point for P/C Commercial Insurers October 5, 2015 The outlook for the U.S. property/casualty commercial insurance sector is stable but insurers will begin to feel the pressure from...
Illinois Supreme Court: Village Must Pay Health Insurance for Disabled Cop October 5, 2015 In an opinion filed on Sept. 24, the Illinois Supreme Court upheld the decisions of two lower courts that an...
Rhode Island Addresses Price Optimization October 5, 2015 Rhode Island’s Insurance Division issued a bulletin on Sept. 18 for personal lines property/casualty insurers in the state that effectively...
Why Now Is Time to Privatize Flood Insurance: A Candid Conversation with Hiscox USA CEO Walter September 21, 2015 By Andrew G. Simpson The private insurance industry is ready and anxious to take on flood risk, and politicians should reform the federal program...