Insurers Begin Employing IBM’s Supercomputer Watson February 11, 2013 By Jim Fitgerald Dr. Watson is accepting new patients. The Watson supercomputer is graduating from its medical residency and is being offered commercially...
Ratings Recap: Auto Club (Michigan), Atlas Financial, Merced Mutual, ING US (Notes), PEMCO February 8, 2013 A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘A-‘ (Excellent) from ‘A’ (Excellent) and the issuer credit...
Youth Groups Call for Improved Safety for School Sports February 8, 2013 By Philip Elliott Student athletes need access to health care professionals, better-trained coaches and up-to-date equipment, a coalition of groups recommended this week...
U.S., States Weigh Suing Moody’s Over Mortgage Ratings February 8, 2013 By Aruna Viswanatha and Luciana Lopez The U.S. Justice Department and multiple states are discussing also suing Moody’s Corp. for defrauding investors, according to people familiar...
Catholic Bishops Reject Obama Compromise on Contraception Coverage February 8, 2013 By David Morgan U.S. Roman Catholic bishops on Thursday rejected the Obama Administration’s latest bid for compromise over a hotly disputed health policy...
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...