In ‘Classic’ Soft Market Battle, Brokers and Carriers Attack Each Other June 14, 2017 By Susanne Sclafane Chief executive officers of property/casualty insurance carriers and insurance brokers called each other out last week for engaging in activities...
Prime Insurance to Use $10M Capital Investment for New York, California Expansion June 14, 2017 Prime Holdings Insurance Services, Inc., a Utah-based holding company for excess and surplus lines insurance services firms, said it received...
Senators in Drive to Remove Regulatory Roadblocks for Driverless Cars June 14, 2017 By David Shepardson A bipartisan trio of U.S. senators said on Tuesday they planned to introduce legislation to remove regulatory roadblocks to the...
States Study Tobacco Lawsuit Tactics for Fight Over Opioid Costs June 14, 2017 By Jef Feeley and John Lauerman State and local leaders fighting a worsening opioid abuse epidemic are studying tactics used in the tobacco lawsuits of the...
Crum & Forster Pet Insurance Group Launches Companion Horse Insurance June 13, 2017 Crum & Forster Pet Insurance Group has launched a new product for the equine industry that provides veterinary care insurance...
Utilities Warned of ‘Easy-to-Use’ Malware Aimed at Causing Outages June 13, 2017 By Jim Finkle Two cyber security firms have uncovered malicious software that they believe caused a December 2016 Ukraine power outage, they said...
Paiano Succeeds Rupp as The Hartford’s Chief Risk Officer June 13, 2017 The Hartford has named Robert Paiano as its new chief risk officer to lead the company’s enterprise risk management operations,...
Burand’s State of P/C Insurance Industry, Part 1: Agencies Facing Paradigm Shift June 13, 2017 By Chris Burand Editor’s Note: This is the first of two articles by Burand based on his most recent 50-page whitepaper, State of...
Lloyd’s Urges Insurer Investment in Natural Habitats for Flood Protection June 13, 2017 Natural coastal habitats such as mangroves, coral reefs and salt marshes protect communities more effectively against coastal storms than seawalls,...
Private Brokers More Active But Private Equity Still Leads in Agency Acquisitions June 13, 2017 Well-capitalized private equity investors still have an advantage among buyers of insurance agencies, but privately-held brokers continue to be among...