FEMA Seeks Dismissal of Mississippi Suit to Block Flood Insurance Rate Hikes November 20, 2013 By Andrew G. Simpson The federal government is urging a federal court to dismiss a Mississippi lawsuit seeking to halt flood insurance rate hikes...
Fed Chair Nominee Yellen Vows to ‘Carefully Consider’ SIFI Rules for Insurers November 20, 2013 By Craig Torres Federal Reserve Vice Chairman Janet Yellen said the central bank will “carefully consider” how to apply new regulatory standards to...
Tower Group Update: CEO Says Insurer Will Meet Obligations November 20, 2013 By Susanne Sclafane A day after Tower Group International Ltd. disclosed “substantial doubt about the company’s ability to continue as a going concern,”...
Partner Perspective The Last Manual Frontier: Why Claims Automation Stalls at the Supplement Presented by Cotality Could there finally be a solution to the nagging claims supplement problem? For years, the property insurance industry has pursued...
Fowler Named President of Premium Finance Firms November 19, 2013 Richard E. Fowler has been named president and chief executive officer of AFCO, CAFO and Prime Rate Premium Finance Companies....
Workers’ Compensation Results Improved in 2012 November 19, 2013 The workers’ compensation industry’s results improved in 2012. Premiums grew for the second straight year, the combined ratio improved, and...
State Proposals to Mandate Insurance for Gun Owners Falter November 19, 2013 By Marci Jacobs Plans to mandate liability coverage for U.S. gun owners after last year’s school shooting in Connecticut have languished as opponents...
Car Makers Offered Relaxed Regulation for Installing Ignition Lock Tied to Seat Belt Use November 19, 2013 By Jeff Plungis A U.S. regulator’s offer to relax auto safety rules for manufacturers that install technology to prevent drivers from starting a...
Google Reaches $17M Privacy Settlement with 37 States November 19, 2013 By Christie Smythe Google Inc. has reached a $17 million settlement with 37 U.S. states over its circumvention of privacy settings for some...
Scientists Develop Breakthrough Computer Forecasting Models for Wildfires November 18, 2013 Scientists have developed a new computer modeling technique that offers the promise, for the first time, of producing continually updated...
Businesses Urge IRS to Reduce Data Reporting Under Obamacare November 18, 2013 By Patrick Temple-West The U.S. Internal Revenue Service is under pressure from some businesses to reduce the information they may soon have to...