Florida Frets That With Proposed Rate Cut, Citizens Could Be Too Competitive July 22, 2014 By Michael Adams Florida’s state-backed property insurer’s proposed rate reduction is raising questions about whether it will make the insurer competitive with the...
Travelers Posts $683M Q2 Profit, Misses Estimates as Catastrophe Losses Rise July 22, 2014 Property and casualty insurer Travelers Cos. Inc.’s quarterly earnings fell short of analysts’ estimates as hail and wind storms in...
Court Orders Travelers to Pay $500M in Johns-Manville Asbestos Claims July 22, 2014 By Jonathan Stempel A federal appeals court on Tuesday ordered Travelers Cos. Inc. to pay more than $500 million to satisfy asbestos-related claims...
Donegal Group’s Q2 Profit Declines 26% to $1.9M July 22, 2014 By Young Ha Donegal Group Inc. in Marietta, Pennsylvania, today reported $1.94 million net income for its 2014 second quarter, a decline of...
Court Rules Against Obamacare Subsidies for Federal Exchange Insureds July 22, 2014 By Andrew Zajac President Barack Obama’s healthcare overhaul suffered a potentially crippling blow as a U.S. appeals court ruled the government can’t give...
Train Crash in Wisconsin Injures 2, Spills Oil July 22, 2014 A Canadian National Railway Co. train struck another freight train as it rolled through a small village in Wisconsin, causing...
Improvements to Lafourche, Louisiana Levee System Underway July 22, 2014 The South Lafourche Levee District in Louisiana plans to finish raising the levees protecting Larose to Golden Meadow in the...
CGS&C’s New MGA Targets U.S. Healthcare Industry with Lloyd’s July 22, 2014 Wholesale insurance broker Cooper Gay Swett & Crawford (CGSC) has launched an underwriting management agency specializing in the healthcare industry....
Hanover Offers Insurance Advice for Parents Sending Kids to College July 22, 2014 The Hanover Insurance Group advises that as new high school graduates get ready to head off to college, parents would...
After Ordeal, N.J. Legislator Pushes for Video Cameras in New Police Cars July 22, 2014 By Geoff Mulvihill For New Jersey Assemblyman Paul Moriarty, putting video cameras in new police cars became personal two years ago when he...