NCAA Sues Video Game Maker Over College Athlete Settlement November 21, 2013 By Edvard Pettersson The National Collegiate Athletic Association sued Electronic Arts Inc., saying the video-game maker hasn’t agreed to indemnify the NCAA for...
Deputy Treasurer Nominee Says Bank Regulations Not Right for Insurers November 20, 2013 By Sarah N. Lynch President Barack Obama’s nominee to serve as deputy U.S. Treasury Secretary told lawmakers on Wednesday she believes that large systemically...
XL Group, America Contractor’s Insurance Group Partner to Improve Contractor Quality November 20, 2013 XL Group has partnered with the American Contractor’s Insurance Group (ACIG), construction industry owned insurance organization, to provide data and...
FEMA Seeks Dismissal of Mississippi Suit to Block Flood Insurance Rate Hikes November 20, 2013 By Andrew G. Simpson The federal government is urging a federal court to dismiss a Mississippi lawsuit seeking to halt flood insurance rate hikes...
Fed Chair Nominee Yellen Vows to ‘Carefully Consider’ SIFI Rules for Insurers November 20, 2013 By Craig Torres Federal Reserve Vice Chairman Janet Yellen said the central bank will “carefully consider” how to apply new regulatory standards to...
Tower Group Update: CEO Says Insurer Will Meet Obligations November 20, 2013 By Susanne Sclafane A day after Tower Group International Ltd. disclosed “substantial doubt about the company’s ability to continue as a going concern,”...
Fowler Named President of Premium Finance Firms November 19, 2013 Richard E. Fowler has been named president and chief executive officer of AFCO, CAFO and Prime Rate Premium Finance Companies....
Workers’ Compensation Results Improved in 2012 November 19, 2013 The workers’ compensation industry’s results improved in 2012. Premiums grew for the second straight year, the combined ratio improved, and...
State Proposals to Mandate Insurance for Gun Owners Falter November 19, 2013 By Marci Jacobs Plans to mandate liability coverage for U.S. gun owners after last year’s school shooting in Connecticut have languished as opponents...
Car Makers Offered Relaxed Regulation for Installing Ignition Lock Tied to Seat Belt Use November 19, 2013 By Jeff Plungis A U.S. regulator’s offer to relax auto safety rules for manufacturers that install technology to prevent drivers from starting a...