Court Says Trial Must Decide Travelers, Reinsurers Asbestos Case February 8, 2013 By Joseph Ax New York state’s highest court on Thursday said a trial must determine whether Travelers Cos. deliberately structured a nearly $1...
AIG Survey Shows Top Executives’ Concerns with Cyber Risk February 8, 2013 A survey of perceptions about cyber risk sponsored by the American International Group Inc. (AIG) found that among corporate executives,...
Upton Group Expands to Cover Pizzerias Nationwide February 7, 2013 The Upton Group, LLC is expanding its business to cover pizzerias nationwide through PizzaInsurance.com. Previously the company focused on insuring...
Insurance Firm Paying for Super Bowl Kickoff Return by Ravens’ Jones February 7, 2013 The electrifying 108-yard kickoff return by the Baltimore Ravens’ Jacoby Jones that started the second half of the Super Bowl...
First Fidelity Brokerage Launches Flood Insurance Website February 7, 2013 First Fidelity Brokerage of New York has launched www.insureflood.com for homeowners and businesses to obtain flood insurance, as well as...
Policyholder Education: Agent or Carrier Responsibility? February 7, 2013 By Susanne Sclafane Policyholder education about insurance coverage wording is a critical challenge for the property/casualty insurance industry. But who should be doing...
Lucky Or Smart? Experts Weigh-In On P/C Industry’s Sandy Impact February 7, 2013 By Susanne Sclafane At least one industry analyst says that good risk management is protecting insurers as they face a new normal level...
$1.2 Billion in Sandy Losses Paid, Allstate Pursuing Rate Hikes February 7, 2013 By Aman Shah Allstate Corp.’s quarterly profit fell 45 percent on losses from superstorm Sandy, but the home and auto insurer said it...
Debate Over Terrorism Insurance to Be Renewed February 6, 2013 Bipartisan legislation filed yesterday in the House of Representatives promises to renew the federal terrorism reinsurance program and the debate...
Chubb to Provide Loss Prevention Guide for Directors Dealing with M&A Litigation February 6, 2013 The Chubb Group of Insurance Cos. has created a new loss prevention guide aimed at assisting directors and officers in...