Flood Insurance Price Increases Affecting Home Sales October 24, 2013 By Toluse Olorunnipa Rangel Dockery and her husband bought a waterfront house in Florida four months ago, assuming their $2,000-a-year flood-insurance premium would...
Jury Finds Bank of America Liable for Countrywide Mortgage Fraud October 24, 2013 By Nate Raymond Bank of America Corp. was found liable for fraud on Wednesday over defective mortgages sold by its Countrywide unit, a...
Bill to Curb ‘Patent Trolls’ Introduced in Congress October 24, 2013 A U.S. congressman, who has led the charge against frivolous patent infringement lawsuits, introduced a bill on Wednesday to curb...
After JPMorgan $13B Deal, Banks Seek Protections in Future Bailouts October 24, 2013 By Jessica Toonkel and Jonathan Stempel As the U.S. government closes in on a $13 billion settlement with JPMorgan Chase & Co. over its mortgage practices,...
Senate, House Negotiators Tackle Farm Bill, Crop Insurance October 24, 2013 By Charles Abbott U.S. Senate and House negotiators, who will begin working on a compromise farm bill on Oct. 30, face a major...
Program Business Market Grows 10% to $27B, TMPAA Study Finds October 23, 2013 The Target Markets Program Administrators Association (TMPAA) released the results of its annual research to document the size, characteristics, growth...
Westrope Named President of Surplus Lines Group, NAPSLO October 23, 2013 Kevin T. Westrope, president of Westrope, an independent wholesale brokerage based in Kansas City, Mo., has been elected to serve...
Aspen Re Forms Rock Re in U.S. for Facultative Brokered Property October 23, 2013 Bermuda-based Aspen Reinsurance, the reinsurance segment of Aspen Insurance Holdings Limited has formed Rock Re, a new dedicated brokered property...
Is Obamacare Headed for Death Spiral? October 23, 2013 By Megan McArdle Another week has passed, which apparently means that it’s time for another terrifying article from Sharon LaFraniere, Ian Austen and...
AmWINS Group Seeks $175M Acquisition Loan October 23, 2013 By Krista Giovacco North Carolina-based wholesale brokerage AmWINS Group Inc. is seeking a $175 million add-on term loan for an acquisition. The insurance...