Obama Exempts Canceled Policyholders from Individual Mandate December 20, 2013 By Margaret Talev and Alex Wayne Americans whose health plans are being canceled because their coverage doesn’t meet Obamacare rules will be exempt from the mandate...
Best Affirms CNA Financial and Subs’ Ratings; Outlook Stable December 20, 2013 A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a”...
The PIA Partnership Launches Growth Tool For Agency Members December 19, 2013 The National Association of Professional Insurance Agents (PIA) and its agency-company council, The PIA Partnership, have designed a new tool...
Surplus of Capital Continues to Temper Property Rates: Marsh December 19, 2013 The surplus of capital among insurers and reinsurers continued to have an overall softening effect in the U.S. property insurance...
AmWINS CEO DeCarlo Named 2014 Honoree of City of Hope Charity December 19, 2013 The City of Hope and the National Insurance Industry Council said M. Steven DeCarlo, CEO of Charlotte, North Carolina-based AmWINS...
Agents Say Getting More Carriers to Offer ‘Real Time’ Is Among Top Tech Priorities December 19, 2013 The industry should place its highest priority on “getting additional carriers to offer real-time capabilities,” according to a survey of...
Judge Allows Investors’ Class Action Against Facebook, Underwriters Over IPO December 19, 2013 By Bob Van Voris Facebook Inc. and the underwriters of its May 2012 initial public offering must face a class-action lawsuit by investors claiming...
Toyota Camry Improves in Insurance Safety Test December 19, 2013 By Alan Ohnsman and Angela Greiling Keane Toyota Motor Corp.’s Camry, headed for its 12th consecutive year as the best-selling car in the U.S., returned to Consumer...
The Agency Manager-Employee Operations Gap and E&O Risk: Survey December 19, 2013 By Andrew G. Simpson Agency managers tend to have a rosier view of agency operations than their employees do, according to a survey that...
Verisk Climate, WDT to Develop Weather-Related Analytics Products for Businesses December 18, 2013 Verisk Climate, a provider of enterprise climate risk management products, and Weather Decision Technologies (WDT), a weather industry technology provider,...