Why FEMA Disaster Aid Deductible Makes Sense, Except to Local Officials and Builders May 13, 2016 By Christopher Flavelle The proposal boiled down to just three paragraphs in the Federal Register: Would it be a good idea, the Federal...
Progressive CEO Renwick to Retire; Griffith Chosen as Successor May 13, 2016 The Progressive Corp. announced that Glenn Renwick, president and chief executive officer, will retire after more than 15 years as...
Report Says Climate Change Could Make Some Wines Less Tasty May 12, 2016 By Don Jergler When you go to one of those giant annual insurance conferences ever wonder how much wine – in terms of...
U.S. Judge Nixes Obamacare Funds to Insurers for Lower Income Insureds; Administration to Appeal May 12, 2016 By Lawrence Hurley A U.S. judge on Thursday handed a victory to congressional Republicans who challenged President Barack Obama’s signature healthcare law, ruling...
Fry Promoted to Senior VP Specialty Programs at QBE North America May 12, 2016 QBE North America said it has promoted Erin Fry to senior vice president and underwriting leader for its Specialty Programs...
Number of Dog Bite Insurance Claims Falls But Average Claim Rises to $37K May 12, 2016 By Emma Orr The cost of dog-bite claims for U.S. insurers climbed 16 percent last year on higher medical expenses and larger settlements...
Why Independent Agents Went to Capitol Hill to Lobby May 12, 2016 By Bob Rusbuldt Independent insurance agents and brokers from all 50 states convened in Washington, D.C., last month for the Big “I” Legislative...
Usage-Based Auto Insurance, Slow at First, Picking Up Speed May 12, 2016 Usage-based auto insurance will explode globally in the next seven years, a new industry analysis asserts. IHS Inc.’s IHS Automotive...
AIG Chairman Defends Keeping Both Life and P/C Insurance Units May 12, 2016 By Emma Orr and Sonali Basak American International Group Inc., which is shrinking under pressure from activist investors, is committed to retaining operations in both life...
Goldman Sachs Says Insurers Need Hedge Funds to Diversity Investments May 12, 2016 By Emma Orr and Sonali Basak Mike Siegel, who oversees about $190 billion at Goldman Sachs Group Inc.’s asset-management arm, said insurers should stick with hedge...