What’s Happening and What Lies Ahead for P/C Insurance Pricing: Moody’s October 30, 2018 The current pricing environment for property/casualty insurers is “modestly positive,” with commercial and personal auto rates rising by mid-to-high single...
Former Pastor Sentenced to Prison for Setting Fire to Apartment in Insurance Scam October 30, 2018 The former pastor of a Baltimore, Md., church has been sentenced to three years in prison for setting fire to...
UK Insurers, Brokers Applaud Government’s Decision Not to Hike Premium Tax October 30, 2018 By L.S. Howard UK insurers and brokers have applauded the UK Treasury’s decision not to raise premium taxes, which currently has an annual...
Utility to Miss Deadline for Restoring Gas After Massachusetts Explosions October 30, 2018 The utility involved in a series of natural gas explosions and fires in three Massachusetts communities last month acknowledged Friday...
Virginia Lawsuit Seeks $350K for Injuries in Game of Tag in Gym Class October 30, 2018 Local Virginia education officials have been sued over a game of tag played in gym class by a student who...
Supreme Court Looks to Favor Business Arbitration with Individuals Over Courts October 30, 2018 By Andrew Chung U.S. Supreme Court justices signaled on Monday they may issue more pro-business rulings giving companies wide latitude to use arbitration...
RMS Lists Top 10 ‘1-in-100-Year’ Events for Asia Pacific Region October 30, 2018 The Asia Pacific region remains highly vulnerable to major catastrophes, RMS said, announcing a list of 10 “1-in-100-year” events possible...
Final Insured Loss for Germany-Austria’s Storm Herwart Rises to €264M: PERILS October 30, 2018 The final estimate of insured property losses for Extratropical Cyclone Herwart, which primarily affected Austria and Germany on Oct. 29,...
Uber Court Case in London Could Determine Future of UK’s Gig Economy October 30, 2018 By Kaye Wiggins and Nate Lanxon Just months after Uber Technologies Inc. persuaded a London judge to allow it to keep operating in the city, the...
Typhoon Yutu Slams into Philippines, Traveling Path of Super Storm Mangkhut October 30, 2018 By Cecilia Yap Typhoon Yutu slammed into northern Philippines on Tuesday and is traveling a path similar to last month’s super storm Mangkhut...