Insurers Fight Over Flood Policies Dropped by State Farm May 6, 2011 By Kevin Drawbaugh Major U.S. insurers jostled on Capitol Hill this week over control of 800,000 former State Farm flood insurance policies as...
Systemic Firms Will Not Be ‘Too Big to Fail,’ Says FDIC’s Bair May 6, 2011 By Ann Saphir and Dave Clarke Financial firms that the U.S. government deems as “systemic” will not be “too big to fail,” bank regulator Sheila Bair...
Sony Calls on Insurers to Help Pay for Data Breach May 6, 2011 By Jim Finkle and Liana B. Baker Sony is looking to its insurers to help pay for its massive data breach, an amount that one expert estimates...
Markel Programs, Whorton Insurance to Offer Mobile Food Vendor Program May 5, 2011 Markel Programs has partnered with Whorton Insurance Services, Inc., a managing general agency, to offer immediate availability of a multi-line...
Terrorism Risks Lead Professionals to Refuse Business Trips May 5, 2011 Growing concerns over worldwide terrorism have caused some professionals to refuse going on business trips. Half of all respondents to...
Report: Workers’ Comp Line Deteriorates Further in 2010 May 5, 2011 Workers’ compensation continued to worsen in 2010 as the combined ratio jumped five points to 115 in 2010 from 2009....
Insurers Fight Over Flood Insurance Policies Dropped by State Farm May 5, 2011 By Kevin Drawbaugh Major U.S. insurers jostled on Capitol Hill this week over control of 800,000 former State Farm flood insurance policies as...
Whistleblowers Not Protected for Media Leaks, Federal Court Rules May 5, 2011 Whistleblower protections in a federal accounting law do not cover leaks to the media, a U.S. appeals court has ruled,...
C-Suite Executives Now Expect More from Risk Managers May 4, 2011 The financial crisis has raised the expectations that executives in the C-suite have of their risk managers to be leaders...
Brooke Insurance Franchise Executives Settle SEC Fraud Charges May 4, 2011 Five executives of the failed Kansas-based insurance agency franchise firm Brooke Corp. have agreed to settle charges of financial fraud...