National Flood Insurance Program Extended Until Dec. 8 September 11, 2017 By Andrew G. Simpson President Donald Trump last Friday signed legislation reauthorizing the National Flood Insurance Program until Dec. 8, 2017, which buys more...
Prospect General Expands Admitted Residential Flood Program into Utah September 11, 2017 Prospect General Insurance Agency has expanded Flood Guard, an admitted residential flood insurance product, into Utah. Flood Guard is an...
Riley Named Texas Workers’ Comp Deputy Commissioner of Compliance, Investigations September 11, 2017 The Texas Division of Workers’ Compensation has hired Timothy P. Riley as the division’s new deputy commissioner of Compliance and...
Irma Analysis: Insurer Financial Stress Unlikely If Early Loss Estimates Hold September 11, 2017 By Susanne Sclafane Before Hurricane Irma made landfall in south Florida on Sunday morning, analysts were assessing the potential damage to property/casualty insurer...
Is Equifax’s Cyber Insurance Enough to Cover Breach? September 11, 2017 By Sonali Basak Equifax Inc.’s insurance against cyber breaches is likely inadequate to cover the credit-reporting company’s costs tied to one of the...
Majority of Americans Don’t Trust Self-Driving Cars September 11, 2017 By Keith Naughton Fully self-driving cars are set the hit the road within four years, but most Americans aren’t ready to buy them....
Hurricane Costs Become Talk of Monte Carlo’s Reinsurance Rendez-Vous September 10, 2017 By Tom Sims As Hurricane Irma battered Florida on Sunday, the cream of the insurance world — gathered under the Mediterranean sun in...
Irma’s Shift Westward Caught Some by Surprise September 10, 2017 By Sonali Basak, Noah Buhayar and Bailey Lipschultz Hurricane Irma’s westward shift will probably inflict heightened damage on people and businesses unable to adjust to its new path...
Court Revives Whistleblower Claim Against Wells Fargo September 10, 2017 By Jonathan Stempel Wells Fargo & Co. faces a new legal worry after a federal appeals court last Thursday revived a whistleblower lawsuit...
Irma Update: Tropical Storm Exits Florida for Georgia After Flooding Cities, Cutting Utilities September 10, 2017 By Zachary Fagenson and Daniel Trotta Downgraded from a hurricane to a tropical storm, Irma flooded several northern Florida cities with heavy rain and a high...