The ‘Switching’ Economy: Consumers Open to Buying Insurance from Google, Amazon, Verizon February 7, 2014 New global research finds that as many as two-thirds (67 percent) of insurance customers would consider purchasing insurance products from...
Mississippi Senate Backs Fine for Texting While Driving February 7, 2014 The Mississippi Senate has voted to make texting a driving a crime _ but not much of one. Senate Bill...
Ice Storm Knocks Out Power for Hundreds of Thousands in Northeast February 7, 2014 By Joann Loviglio and Michael Rubinkam Utility crews were working feverishly to restore power to hundreds of thousands of homes and businesses in the eastern U.S....
South Carolina Livability Courts Settle Neighborhood Complaints February 7, 2014 By Gavin Jackson Sitting in Judge Alesia Rico Flores or Judge Michael Molony’s courtroom in Charleston or Judge Debra Jackson’s in Florence, defendants...
Verisk to Sell Mortgage Data Arm Interthinx to First American for $155M February 7, 2014 By Alexandria Baca First American Financial Corp., the second-largest U.S. title insurer, agreed to buy Interthinx Inc. from Verisk Analytics Inc. for $155...
Tower Group CEO, Chairman Lee Resigns; Fox, Van Gorder to Succeed February 7, 2014 Michael H. Lee, Tower Group International Ltd. chairman, president and chief executive officer, has resigned from the company and the...
Senator Presses Tech Firms, Car Makers to Develop Distracted Driving Solutions February 7, 2014 By Jeff Plungis A top U.S. senator is vowing to pursue rules governing in-vehicle use of mobile phones and Internet-connected entertainment systems unless...
Ratings Recap: Third Point Re, Sava Re, NEWGT February 7, 2014 A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of...
Hannover Re Confirms 2014 Profit Forecast despite Decreased Revenues February 7, 2014 By Oliver Suess Hannover Re, the world’s third- biggest reinsurer, confirmed its profit target for this year even as the prices it charges...
Best Establishes Latin American Subsidiary Based in Mexico City February 7, 2014 A.M. Best Co. announced the incorporation of its new subsidiary, A.M. Best América Latina, S.A. de C.V. The new office...