Geico Wants to Expand Ridesharing Policy Offer: CEO Nicely February 5, 2015 Giant auto insurer Geico plans to roll out its new ridesharing insurance policy across the country, according to the company’s...
Maryland Man Gets 4 Years in Prison for Setting House on Fire for Insurance February 5, 2015 A Maryland man who pleaded guilty to plotting to burn down his house to collect insurance proceeds has been sentenced...
ACLU Challenges Rhode Island’s Uninsured Motorists Database February 5, 2015 The American Civil Liberties Union of Rhode Island has filed a court challenge to the state Division of Motor Vehicles’...
Health Insurer Anthem Hit with Cyber Attack February 5, 2015 By Supriya Kurane and Jim Finkle Hackers have stolen personal information relating to current and former customers and staff of no. 2 U.S. health insurer Anthem...
GM Facing 104 Lawsuits Plus Class Action Tied to Car Defects February 5, 2015 By Linda Sandler General Motors Co., which has come under media, congressional and courtroom scrutiny over fatalities caused by flawed ignition switches, is...
New York Train Crash Investigators Ask Why SUV Stopped on Tracks February 5, 2015 By Alan Levin, Freeman Klopott and Michelle Kaske Federal investigators are trying to determine why a woman driving a Mercedes-Benz sport-utility vehicle stopped in the middle of railroad...
Everest Re Group Reports $340.1 Million Q4 Net Income; $1.2 Billion for Year February 5, 2015 Bermuda-based Everest Re Group Ltd. reported fourth quarter 2014 net income available to common shareholders of $340.1 million, or $7.47...
PartnerRe Reports Q4 Net Income of $262.7 Million; $998.2 Million for Year February 5, 2015 PartnerRe Ltd. reported net income of $262.7 million, or $5.26 per share for the fourth quarter of 2014. This includes...
Canadian Insurer Intact Q4 Profit Nearly Doubles to US$164.8 Million February 5, 2015 Intact Financial Corp, Canada’s largest property and casualty insurer, reported a near-doubling in quarterly profit, boosted by strong growth in...
UK Climate Agency Faults Flood Re’s Costs as ‘Higher than Necessary’ February 5, 2015 In a letter to Brendan McCafferty, the Chief Executive of the UK’s recently established flood insurance program, Subcommittee Chairman, Prof....