California’s Data Breach Year in Review August 5, 2013 By Jeffrey Norton In case there was any doubt that regulators are focused on data security and privacy, California’s Attorney General Kamala D....
People Pleasers as Agency Owners: On the Periphery of Extinction? August 5, 2013 By Chris Burand The insurance agency distribution system model was built around 1900 and is still amazingly similar to agencies of 100 years...
Mitsubishi Blamed In California Nuclear Plant Closure August 5, 2013 Southern California Edison says it is seeking to hold Mitsubishi Heavy Industries Ltd. and Mitsubishi Nuclear Energy Systems liable for...
Prices Up Again in Q2 But Market Hardening May Be Moderating: Council August 5, 2013 Commercial property/casualty pricing continued to gently creep upwards in the second quarter, however signs of some moderating of increases also...
Md. Regulators Issue First-Ever Civil Fraud Orders August 5, 2013 The Maryland Insurance Administration issued on July 23 its first administrative orders under newly granted authority to pursue civil cases...
North Carolina Residual Market Issues $500 Million in Cat Bonds August 5, 2013 By Michael Adams North Carolina’s two residual homeowners insurance markets have jointly issued $500 million in pre-event catastrophe bonds to ensure they have...
Zurich Among Insurers Said to Be Probed in Expanded N.Y. Inquiry August 5, 2013 Zurich Insurance Group AG is among companies being questioned by New York’s insurance regulator in a widening probe into compliance...
Florida Supreme Court Rules Replacement Cost Includes Contractor’s Profit August 5, 2013 By Michael Adams Florida’s high court has ruled that insurers under a 2008 law must pay a contractor’s overhead and profit as part...
FEMA Publishes Latest Data on N.J.’s Sandy Recovery August 5, 2013 The Federal Emergency Management Agency recently published its latest figures on federal assistance for New Jersey’s post-Superstorm Sandy recovery effort....
Alabama Sets Up State-Run School Teachers’ Liability Insurance Program August 5, 2013 Gov. Robert Bentley’s administration has set up a new liability insurance plan for Alabama’s school workers who previously relied on...