N.Y. Lawmakers Introduce Bill to Cap Hurricane Deductibles at $1,500 January 10, 2013 New York legislators have introduced a bill this week that seeks to cap the percentage-based hurricane deductibles for homeowners’ insurance...
List of Company-Specific Sandy-Related Loss Estimates January 10, 2013 By Young Ha Since Superstorm Sandy slammed into the New Jersey coastline on Oct. 29, 2012, dozens of insurers and reinsurers have publicly...
For Returning Residents of Seaside Heights, N.J., ‘It’s Paradise, Being Home’ January 9, 2013 The utterly mundane task of bringing a garbage can back from the curb put a broad grin on Guy Mazzanti’s...
Zurich in North America Names Chief Risk Engineering Officer in N.Y. January 9, 2013 Zurich in North America (ZNA) has appointed Thomas Fioretti as chief risk engineering officer. He will be based in New...
Marsh & McLennan Senior VP Moves to Integro in New York January 9, 2013 Insurance brokerage and risk management firm Integro appointed Nick Trent as a principal in its property practice. He will be...
Penn. Regulators Say 2012 Was Record Year for Fines and Restitution January 9, 2013 The Pennsylvania Insurance Department announced on Tuesday that the state’s regulators collected a record of nearly $18 million in fines...
Virginia Approves Changes to Workers’ Comp Premium Levels January 9, 2013 Virginia’s State Corporation Commission (SCC) announced on Jan. 8 that the commission has approved revisions to the premium levels charged...
Northeastern Fishing Industry Hoping for Help With Sandy Storm Losses January 8, 2013 While Superstorm Sandy did highly visible damage to homes, boardwalks and roads, it also walloped the Northeastern fishing industry, whose...
Penn. Man Faces Jail Term for Setting House Fire for Insurance January 8, 2013 A western Pennsylvania man faces up to 16 years in prison when he’s sentenced in April for setting his house...
After the Storm: Insurance Agents E&O Lessons Learned January 8, 2013 By Sally Combs More often than not, a second wave of claims against insurance agents by their clients follows a natural disaster. As...