How Data Privacy Laws Could Hamper Insurance Underwriting May 24, 2018 Complying with the European Union’s new General Data Protection Regulation is leading insurers and reinsurers to dilute the types of...
J&J Loses Second Talcum Powder Trial May 24, 2018 By Jef Feeley, Margaret Cronin Fisk and Edvard Pettersson Johnson & Johnson lost a second trial linking baby powder use to deadly asbestos cancer and jurors must next decide...
Neon Names Ascot’s Butt as Group Underwriting Director May 24, 2018 Specialty insurer Neon announced that Theo Butt will be joining the company in September in the newly-created role of group...
North Carolina Judge Awards $4.7M to Family of Man Killed Outside Strip Club May 24, 2018 The family of a man shot to death outside a strip club in North Carolina has been awarded nearly $5...
4 New Sinkholes Open in Central Florida Retirement Community May 24, 2018 Four sinkholes have opened up in a fast-growing retirement community in Florida, including one in front of a home that...
Georgia Business Owner Arrested for Insurance Fraud May 24, 2018 A business owner in Gwinnett County, Ga., has been arrested and charged with one count of insurance fraud after presenting...
State Farm to Cut Personal Auto Rates by 3% in Alabama May 24, 2018 Approximately 950,000 State Farm Mutual Automobile Insurance Co. personal auto insurance customers in Alabama will see rate reductions starting next...
Bond Insurer Assured Guaranty Sues Puerto Rico Again Over Turnaround Plan May 23, 2018 By Nick Brown Bond insurer Assured Guaranty sued Puerto Rico and its federally-appointed oversight board on Wednesday, saying their plan to resuscitate the...
Ukraine Says Russia Plotting Cyber Attack May 23, 2018 By Jim Finkle and Pavel Polityuk Hackers have infected at least 500,000 routers and storage devices in dozens of countries, some of the world’s biggest cyber...
Willis Granted Full Insurance Broker License by China May 23, 2018 Willis Towers Watson reports that China’s Banking Insurance Regulatory Commission (CBIRC) earlier this month approved Willis Insurance Brokers to be...