Homeowners Insurance Claims Cost Rising Rapidly: Study September 26, 2012 The cost of homeowners insurance claims has been rising rapidly because of the combined effects of rising claim severity and...
Former FDIC Chair Bair Reveals Financial Bailout Details in Book September 26, 2012 By Alexandra Alper When Sheila Bair showed up for a meeting in then-Treasury Secretary Hank Paulson’s office in October 2008, the bank regulator...
Court Certifies Gender Bias Class Action Against Costco September 26, 2012 By Dan Levine A U.S. judge has certified a class action lawsuit against Costco Wholesale Corp. over allegations of gender discrimination in the...
Court Revives Ex-Chrysler Executives’ Age Bias Claims September 26, 2012 By Nate Raymond Hundreds of former Chrysler LLC executives claiming they lost retirement benefits because of age bias can sue the company’s former...
EPIC Expands into Vintage Auto, Racing Industry September 25, 2012 EPIC (Edgewood Partners Insurance Center), a retail property, casualty and employee benefits insurance brokerage, has formed a new division, EPIC...
Zurich Names CEO of Global Corporate in North America September 25, 2012 Zurich, a property/casualty insurance provider globally and in North America, appointed Dan Riordan as CEO of its Global Corporate in...
Insurers Begin Providing Health Plan Buying Guides September 25, 2012 The Obama administration on Monday began requiring health insurers to provide user-friendly guides to patients that explain their benefits, aiming...
White House Readies Executive Order on Cybersecurity September 25, 2012 By Joseph Menn The White House is preparing to direct federal agencies to develop voluntary cybersecurity guidelines for owners of power, water and...
National Interstate Adds Workers’ Comp to Passenger Program September 24, 2012 National Interstate Insurance Co., a provider of transportation insurance, will add workers’ compensation to its traditional insurance program for best-in-class...
NAS Insurance Covers Lost Revenue From Cyber Breaches September 24, 2012 NAS Insurance Services Inc. has launched an insurance coverage that pays companies for lost revenue in the event of a...