Supreme Court Declines Privacy Claim Against Resale of Driving Records October 22, 2013 By David Ingram and Lawrence Hurley The U.S. Supreme Court on Monday declined to consider whether a unit of Thomson Reuters Corp. can obtain and sell...
GEICO Success Highlights Advertising Dollars vs. Agent Commissions Debate October 22, 2013 Direct writer GEICO’s success in auto insurance sales is due to spending dollars on effective advertising rather than on agents,...
W.R. Berkley Q3 Profit Rises 36% to $137M; Rates on Renewed Policies Up 6.4% October 22, 2013 W.R. Berkley Corp. reported $136.97 million net income for its 2013 third quarter, up 36 percent from $100.95 million income...
Aon Benfield: U.S. Homeowners Insurance Offers Growth Opportunities October 21, 2013 A new report from Aon Benfield, a reinsurance intermediary and capital advisor of Aon plc, says U.S. homeowners insurance is...
All Risks Offering WC for Non-Emergency Medical Transportation Risks October 21, 2013 All Risks’ Workers Compensation Division has launched it’s third specialty class, non-emergency medical transportation (NEMT), with an exclusive A.M. Best...
Study: Due to Rising Sea Levels, Small Storms Could Produce Significant Flooding October 21, 2013 Almost a year after Superstorm Sandy, parts of New York and New Jersey are still recovering from billions of dollars...
Insurer Plans IPO Despite Not Making Profit Yet October 21, 2013 By Zachary Tracer NMI Holdings Inc., the mortgage guarantor backed by Kyle Bass, Carlyle Group LP and BlueMountain Capital Management LLC, is seeking...
Prudential Drops Its Fight Against Systemic Risk Designation October 20, 2013 By Zachary Tracer Prudential Financial Inc., the second-largest U.S. life insurer, abandoned its challenge to a U.S. designation from a Treasury Department panel...
Administration Says 500K Americans Have Submitted Obamacare Applications October 20, 2013 By Alex Wayne, Julianna Goldman and Shannon Pettypiece Almost 500,000 Americans have submitted applications for health insurance through the online exchanges being run by the federal government and...
President Obama Urges Congress Act on Farm, Crop Insurance, Food Stamps Bill October 18, 2013 President Barack Obama, in a rebuke to proposals by House Republicans for steep cuts in food stamps for the poor,...