VW Reported Close to $10 Billion Deal with U.S. for Diesel Fraud April 21, 2016 By Alan Katz, Christoph Rauwald and Kartikay Mehrotra Volkswagen AG has agreed to set aside at least $10 billion to resolve civil claims by the U.S. government and...
Allied World’s Q1 Investment Income Rises 20%; Combined Ratio Worsens to 96% April 21, 2016 First, the good news about Allied World’s 2016 first quarter: investment income grew by nearly 20 percent. Many other things...
Willis, Aon and Verisk Agree: Q1 Cat Bonds Hit Record Issuance April 21, 2016 There’s more evidence that catastrophe bond issuance hit record territory again during Q1. This time, Aon Securities and a division...
Japanese Earthquakes Could Cost Insurers $2.9 Billion: AIR Worldwide April 21, 2016 By Noah Buhayar An earthquake that struck southern Japan on April 16 will probably cost insurers as much as 320 billion yen ($2.9...
Starr Companies Enhance Cyber Terror Response Offering April 21, 2016 Starr Companies has formed an agreement to offer services from NYA International (NYA) and Abernathy MacGregor as part of the...
Tennessee Says At Least 15% of State Affected by UnitedHealth Withdrawal April 21, 2016 The Tennessee Department of Commerce & Insurance (TDCI) is notifying consumers that UnitedHealthcare Insurance Company will no longer offer coverage...
Kentucky Worker Electrocuted While Trimming Trees April 21, 2016 Kentucky State Police say a man has been electrocuted while trimming trees in Breathitt County. Police said in a statement...
The Keating Group in Arizona Rebrands As tKg Wholesale Brokerage April 20, 2016 Phoenix, Ariz.-based The Keating Group, the wholesale brokerage arm of Keating Cos., has rebranded as tKg Wholesale Brokerage. James Keating,...
San Antonio Storm Costliest Hail Event in Texas History April 20, 2016 More than 110,000 vehicles and thousands of homes in Texas regions of north San Antonio and Bexar County were pelted...
Do Drunk Drivers Have Constitutional Rights? April 20, 2016 By Noah Feldman, Bloomberg Opinion Can you be charged with a crime for refusing to take a Breathalyzer test when stopped on suspicion of drunken...