U.S. Opens Skies to Test Use of Aerial Drones December 31, 2013 By Alwyn Scott The U.S. government took a step on Monday toward opening the skies to aerial drones, authorizing six sites where unmanned...
The Top 25 U.S. Insurance Stories of 2013 December 30, 2013 In 2013, InsuranceJournal.com readers flocked to news about insurance carriers (Travelers, Berkshire, Liberty Mutual, Tower and others) making moves, changes...
E&S Industry Should Expect ‘Persistent Competition’ in 2014: Fitch December 30, 2013 Growing capacity will limit rate hikes and promote persistent competition in the excess and surplus (E&S) lines market, Fitch Ratings...
Terrorism Insurance Extended to Four Airlines December 29, 2013 By Alan Levin and Jodi Schneider U.S. government insurance that guarantees airlines are covered against terrorism and war was extended for four carriers, including Virgin America...
CoreLogic Acquires Catastrophe Modeling Firm Eqecat December 29, 2013 CoreLogic, an Irivine, Calif. company that provides the insurance, financial services and real estate industries with data and analytics, has...
Allstate Settles Lawsuit Against Deutsche Bank Over Mortgage Securities December 27, 2013 By Chris Dolmetsch Deutsche Bank AG and Allstate Corp. settled a suit the insurer brought that accused the bank of misrepresentations and omissions...
FTC Allows Fidelity National Acquisition of Lender Processing Firm December 27, 2013 By David McLaughl Fidelity National Financial Inc., the largest U.S. title insurer, won approval from U.S. antitrust regulators for its $2.9 billion acquisition...
German Firms Not Liable Under U.S. Alien Tort Statute for Aiding Apartheid December 27, 2013 By Nate Raymond A U.S. judge on Thursday said Daimler AG and Rheinmetall AG cannot be held liable for allegedly aiding and abetting...
Judge Rejects BP Complaint Over Proof of Economic Losses from Gulf Oil Spill December 27, 2013 By Jef Feeley and Laurel Brubaker Calkins BP Plc lost a bid to require businesses to provide proof their economic losses were caused by the 2010 Gulf...
Poultry Industry Refutes Consumer Reports, Says Chicken Breasts Safe December 27, 2013 U.S. poultry producers have dramatically reduced the presence of harmful bacteria in poultry meat, a trade group said on Friday...