Storm Model Forecasts Beach Changes and How Far Ocean Will Overrun June 14, 2016 By Martha Waggoner When John Couch is certain a storm will hit Hatteras Island, he goes into action, moving merchandise in his auto...
Supreme Court Makes Room for Triple Damages for Intentional Patent Infringement June 14, 2016 By Greg Stohr The U.S. Supreme Court eased the way for larger damage awards when a company intentionally copies a patented invention. Voting...
AXA’s CEO de Castries Predicts ‘Extremely High’ Probability of ‘Brexit’ June 14, 2016 By Fabio Benedetti-Valentini There is an “extremely high” probability that the U.K. will vote to leave the European Union and investors will face...
Ongoing Soft Market Tops Reinsurers’ Concerns: Xuber Survey June 14, 2016 By L.S. Howard Soft market conditions continue to be the biggest concern for the industry, followed by regulation, competition from third party capital,...
Run-Off Specialist Compre to Buy Allianz IARD’s Pool Legacy Business June 14, 2016 Compre, the independent insurance and reinsurance legacy specialist, has agreed to acquire Allianz IARD’s Ridgwell Fox & Partners (RFP) pool...
Ironshore Names Aggarwal, 4 Others from Allied World to Global M&A Insurance Team for Americas June 14, 2016 Ironshore International has announced its global Mergers & Acquisitions unit will establish an office for transactions in the North and...
Canada Health Startup Uses App to Connect Employees with Services June 14, 2016 By Gerrit De Vynck League Inc., a Canadian health-insurance startup, is raising $25 million in a funding round backed by Omers Ventures, Royal Bank...
Central Texas Chiropractor Gets 14-Year Sentence for Work Comp Referral Scam June 14, 2016 A Central Texas chiropractor must serve 14 years in prison and repay the U.S. government nearly $18 million in a...
Florida-Based Prepared Holdings to Review Strategic Opportunities June 14, 2016 Prepared Holdings, LLC (PHLLC), the parent company of a consolidated group of companies writing personal homeowners’ lines of business in...
West Virginia Law Regulating Medication Treatment Programs Takes Effect June 14, 2016 Programs that use medication to treat substance abuse are now more tightly regulated under West Virginia law. The law endorsed...