P/C Chief Hancock to Succeed Benmosche as AIG CEO, President June 10, 2014 American International Group (AIG) has named Peter D. Hancock as president and chief executive officer, effective September 1. Hancock, who...
Washington Commissioner Disciplines Producers for Violations June 10, 2014 Insurance Commissioner Mike Kreidler issued fines to several insurance companies, agents and brokers who violated state insurance regulations during May....
Minor Injuries, Damage From 8 Colorado Twisters June 10, 2014 By Sadie Gurman Several tornadoes touched down as a line of severe thunderstorms swept through Colorado on Sunday, with one of the twisters...
Oklahoma Firm: Blanket Provides Protection from Tornado Debris, Bullets June 10, 2014 An Oklahoma company has created a protective blanket that developers say could give children a better chance of surviving debris...
Texas Moves Forward in Becoming an NCCI State June 10, 2014 By Stephanie K. Jones In late March 2014, Texas Insurance Commissioner Julia Rathegeber approved a staff petition to adopt the National Council on Compensation...
Wal-Mart Trucker Had Not Slept in 24 Hours Before N.J. Morgan Crash: Complaint June 10, 2014 By David Glovin and David Voreacos A Wal-Mart Stores Inc. truck driver went at least 24 hours without sleep before his tractor-trailer crashed into a limousine,...
Travelers Promotes Schnitzer, Spadorcia in Business Segment Moves June 10, 2014 The Travelers Companies,Inc. has promoted Alan Schnitzer to vice chairman and chief executive officer of Business and International Insurance and...
Commercial Lines Prices Up Only 4% in Q1: Towers Watson June 10, 2014 Commercial insurance prices increased by 4 percent in aggregate during the first quarter of 2014, marking the lowest level of...
GM Looks to Settle Ignition Lawsuits, Avoid Punitive Damages June 10, 2014 By Linda Sandler General Motors Co.’s lawyers have said the carmaker will face punitive damages over ignition switch defects if its customers go...
Supreme Court Lets Stand $70M Florida Tobacco Rulings June 10, 2014 By Lawrence Hurley The U.S. Supreme Court on Monday declined to hear a series of appeals filed mainly by R.J. Reynolds Tobacco Co....