Sisters’ Whistleblower Case Over State Farm’s Katrina Claims Nears Court Date January 5, 2015 State Farm Fire and Casualty Co. has appealed an order that it pay legal fees and damages of $3 million...
Workers’ Comp Insurers Unfazed by TRIA Failure For Now But Expect Quick Fix January 4, 2015 By Denise Johnson and Young Ha The expectation that the new Congress that convenes this week will act quickly to reauthorize the Terrorism Risk Insurance Act...
U.S. Drone Regulations Delayed January 1, 2015 By Alwyn Scott and Roberta Rampton The United States missed a year-end deadline for publishing new rules on remote-control aircraft, delaying an eagerly awaited step toward...
Brown & Brown Sells Reinsurance Broker Axiom Re to Beach Re January 1, 2015 Brown & Brown Inc. sold certain assets of one of its subsidiaries, Axiom Re, to Beach Re Limited effective December...
Sony Case Among Growing Number of Cyber Ransoms: Benner January 1, 2015 By Katie Benner, Bloomberg View Just three days before cyber-attackers crippled Sony Pictures, the hackers sent an e-mail to executives Michael Lynton and Amy Pascal...
Climate Change in 2015 Could be Bigger Than Religion – or Selfie December 31, 2014 By Don Jergler The phrase “climate change” yields roughly 108 million results in a Google search – in the ballpark in terms of...
U.S. Treasury Releases Report on Global Reinsurance Industry December 31, 2014 The U.S. Department of the Treasury’s Federal Insurance Office (FIO) has released a report outlining the role the global reinsurance...
China’s Fosun to Buy Meadowbrook Insurance for $433M December 31, 2014 China investment group Fosun International Limited has agreed to acquire Meadowbrook Insurance Group Inc. of Southfield, Michigan for approximately $433...
Pill Mill Law Shifts Prescriptions From Opioids to Weaker Meds: WCRI December 31, 2014 A law banning physicians from dispensing certain strong opioids discouraged the doctors from prescribing those drugs at all, according to...
Corporations Warned Not to Hack Back December 31, 2014 By Jordan Robertson and Michael Riley The hacked are itching to hack back. So say a dozen security specialists and former law enforcement officials who described...