New York to Provide $4M Grant Funding to Fight Auto Theft, Insurance Fraud December 19, 2013 New York Gov. Andrew Cuomo announced the state will provide nearly $4 million in grant funding to 29 local police...
Surplus of Capital Continues to Temper Property Rates: Marsh December 19, 2013 The surplus of capital among insurers and reinsurers continued to have an overall softening effect in the U.S. property insurance...
AmWINS CEO DeCarlo Named 2014 Honoree of City of Hope Charity December 19, 2013 The City of Hope and the National Insurance Industry Council said M. Steven DeCarlo, CEO of Charlotte, North Carolina-based AmWINS...
Agents Say Getting More Carriers to Offer ‘Real Time’ Is Among Top Tech Priorities December 19, 2013 The industry should place its highest priority on “getting additional carriers to offer real-time capabilities,” according to a survey of...
Judge Allows Investors’ Class Action Against Facebook, Underwriters Over IPO December 19, 2013 By Bob Van Voris Facebook Inc. and the underwriters of its May 2012 initial public offering must face a class-action lawsuit by investors claiming...
Toyota Camry Improves in Insurance Safety Test December 19, 2013 By Alan Ohnsman and Angela Greiling Keane Toyota Motor Corp.’s Camry, headed for its 12th consecutive year as the best-selling car in the U.S., returned to Consumer...
Willis Appoints Owens as CEO of New Global Captive Management Unit December 19, 2013 Willis Group Holdings announced the appointment of Paul Owens as CEO of the newly formed Willis Global Captive Management business,...
Torus Appoints Milne to Accident & Health Team December 19, 2013 Torus, the global specialty insurer, announced that John Milne has joined the company as Accident & Health Underwriter. The bulletin...
Liberty Mutual Group to Buy Rest of Irish Unit from IBRC December 19, 2013 By Joe Brennan Liberty Mutual Group Inc. said it will buy the 49 percent stake in the former Quinn Insurance Ltd. in Ireland...
NICB: Florida Posts 23% Spike in Questionable Insurance Claims December 19, 2013 Florida’s questionable claims rose 23 percent from 2010 to 2012, according to the National Insurance Crime Bureau’s (NICB) 2010-2012 Florida...