Impact of Driving Record on Auto Insurance Cost Varies Widely by State February 19, 2015 While motorists who commit moving violations typically pay higher auto insurance costs, how much more they pay varies significantly by...
AssuredPartners Acquires Amtech Insurance Brokers in New York February 19, 2015 AssuredPartners Inc. has acquired Amtech Insurance Brokers in Latham, New York. Terms of the transaction were not disclosed. Amtech has...
FEMA in Talks to Settle Sandy Flood Insurance Claims February 19, 2015 By Christie Smythe The Federal Emergency Management Agency is working to settle lawsuits by hundreds of Hurricane Sandy victims who challenged denials or...
Businesses Find Costs of Affordable Care Act No Big Deal February 19, 2015 By Alex Wayne and Michelle Fay Cortez The biggest entitlement legislation in a generation is causing barely a ripple in corporate America. The Patient Protection and Affordable...
Large Product Liability Awards Made Comeback in 2014 February 19, 2015 By Margaret Cronin Fisk Huge jury verdicts against companies over fatal flaws in their products made a comeback last year, which may foretell more...
Greenlight Re Reports Q4 Net Income of $60.7 Million; $109.6 Million for Year February 19, 2015 Greenlight Capital Re Ltd., which is based in the Cayman Islands, reported net income of $60.7 million for the fourth...
Navigators Launches Lloyd’s-Based International Casualty Unit February 19, 2015 The Navigators Group, Inc. announced that Navigators Underwriting Agency Ltd., its wholly owned Lloyd’s managing agency subsidiary, has created an...
Report Challenges Eliminating Deductibility of Foreign Reinsurance Premiums February 19, 2015 A report from the Tax Foundation challenges recent tax proposals including the White House’s 2015 budget that call for provisions...
PERILS Puts Initial Loss Estimate for Windstorm Elon-Felix at $374 Million February 19, 2015 PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data, announced that its initial loss estimate of the insured...
What Will States Do If Court Kills Health Insurance Subsidies? February 19, 2015 By David Morgan Five Republican state governors say they will not rescue a crucial part of Obamacare if it is struck down by...