North Carolina Looks to Grow Captive Insurance with Amended Law July 11, 2014 North Carolina Insurance Commissioner Wayne Goodwin said North Carolina is now an even more attractive home for captive insurance companies...
Georgia Agent Accused of Home, Crop Insurance Fraud July 11, 2014 An Eastman, Georgia, insurance agent has been charged with insurance fraud and forgery in connection with homeowners and crop insurance...
Progressive Insurance Profit Down as Investment Gains Narrow July 11, 2014 By Kelly Gilblom Progressive Corp., the fourth- largest U.S. car insurer, said second-quarter profit fell 9.6 percent as investment gains narrowed. Net income...
Judge Allows $1B Malpractice Claim Against PwC Over MF Global Collapse July 11, 2014 By Jonathan Stempel A federal judge on Wednesday rejected PricewaterhouseCoopers’ request to dismiss a $1 billion lawsuit accusing the auditor of providing bad...
Ratings Recap: Lancashire, Qatar Insurance, Tunis Re July 11, 2014 A.M. Best has commented that the financial strength rating of ‘A’ (Excellent) and the issuer credit ratings of “a” of...
TS Neoguri Makes Landfall in Kyushu; Continues to Weaken: AIR Analysis July 11, 2014 According to catastrophe modeling firm AIR Worldwide, Typhoon Neoguri weakened to a tropical storm before it made landfall on Japan’s...
Allied World Adds Excess D&O to Product Offerings in Canada July 11, 2014 Swiss-based Allied World Assurance Company Holdings, AG announced that it has added Excess D&O coverage to its existing management liability...
Ryan Re-Appointed as ‘Group on Earth Observations’ Secretariat Director July 11, 2014 Barbara J. Ryan has been re-appointed, without competition, to a second, three year term as the Secretariat Director of the...
Willis Appoints Chapman Middle East Regional Construction Industry Leader July 11, 2014 Willis Group Holdings, global risk adviser, insurance and reinsurance broker, has appointed Keith Chapman as Regional Construction Industry Leader for...
House to Sue President Obama Over Healthcare Mandate Waiver July 11, 2014 By Derek Wallbank The U.S. House of Representatives will sue President Barack Obama’s administration over delaying the implementation of an employer health insurance...