Commercial Lines Insurance Outlook Improves for 2018, Says A.M. Best January 8, 2018 By Andrew G. Simpson Analysts at A.M. Best have been sufficiently impressed by commercial lines insurers’ pricing, underwriting and resilience in recent years to...
FEMA Expands Flood Reinsurance Program with Private Reinsurers for 2018 January 8, 2018 By Andrew G. Simpson The Federal Emergency Management Agency (FEMA) has completed a reinsurance placement with 28 private reinsurers to help the National Flood...
Takata Recalls 3.3 Million More Airbags January 8, 2018 Takata Corp., the parts supplier that filed for bankruptcy after sparking the largest auto recall in history, called back 3.3...
QBE North America Appoints Franzetti as Chief Operating Officer January 8, 2018 By Andrew G. Simpson QBE North America has named Daniel Franzetti as chief operating officer. Franzetti continues his role as chief claims officer for...
Suit Against Company in Deadly Tennessee School Bus Crash Settled for $323k January 8, 2018 The company in a deadly November 2016 school bus crash in Tennessee has settled a lawsuit for $323,000 on behalf...
Film Company Fined For Death of ‘The Walking Dead’ Stuntman in Georgia January 8, 2018 By Kate Brumback A film company faces a citation and fine after a stuntman for “The Walking Dead” fell to his death last...
North Carolina Insurance Regulator Denies 18.7% Homeowners Rate Increase January 8, 2018 The Commissioner of Insurance for North Carolina says a recent rate increase of 18.7 percent proposed by North Carolina insurers...
Former California Agent Sentenced for Stealing $100K in Premiums and Investments January 5, 2018 Former licensed insurance agent Frederick Donald Rollins, 42, of Moreno Valley, Calif., was sentenced today after pleading guilty to one...
PEMCO Insurance in Washington Names Bauer Senior Systems Manager January 5, 2018 Seattle, Wash.-based PEMCO Insurance has named Sally Bauer senior systems manager for the digital services team. Bauer has nearly 30...
American Enterprise Group Acquires Utah-Based Great Western Insurance January 5, 2018 American Republic Insurance Co. has signed an agreement to acquire Great Western Insurance Co. Terms of the deal were not...