Insurers Can’t Require Examinations Under Oath in Pre-2012 PIP Claims: Florida Court July 1, 2013 The Florida Supreme Court ruled that prior to a 2012 state law, auto insurer Geico didn’t have the right to...
Confie Seguros Acquires CW Baker, Lewiston Insurance Agencies in New York July 1, 2013 Hispanic market-focused insurance agency network Confie Seguros announced the acquisition of CW Baker Insurance Agency and Lewiston Insurance Agency, two...
West Virginia Property Insurance Stable Despite 2012 Storm Payouts July 1, 2013 West Virginia property owners in general didn’t see a huge uptick in insurance premiums after making claims from last summer’s...
How Alabama County’s $4.2B Bankruptcy Plan Affects Insurers, Other Debtholders July 1, 2013 By Dawn McCarty and Steven Church Jefferson County, Alabama, filed a plan to end the biggest U.S. municipal bankruptcy later this year by cutting $1.2 billion...
Arizona Wildfire Takes Lives of 19 Elite Firefighters July 1, 2013 By Tim Gaynor An elite team of 19 firemen were killed on Sunday in one of deadliest U.S. firefighting disasters in decades as...
Holborn Buys Ownership Stake in Stonybrook Capital July 1, 2013 New York-based reinsurance broker Holborn Corp. has acquired an ownership stake in Stonybrook Capital LLC, an investment banking advisor for...
States Brace for Web Barrage When Obamacare Goes Live Oct. 1 July 1, 2013 By Sharon Begley About 550,000 people in Oregon do not have health insurance, and Aaron Karjala is confident the state’s new online insurance...
Australian Insurance Broker Network Plans Nation’s Biggest IPO Since 2010 July 1, 2013 By Angus Whitley Steadfast Group Ltd., Australia’s largest network of insurance brokers, plans to raise as much as A$562.8 million ($515 million) in...
CoreLogic to Buy Marshall & Swift/Boeckh, DataQuick for $661 Million July 1, 2013 By Patrick Gower and Prashant Gopal CoreLogic Inc. agreed to buy three real estate data companies from TPG Capital’s Decision Insight Information Group for $661 million...
China Expands System to Track Food Shipments July 1, 2013 By Dominique Patton China is expanding a pilot system that tracks the movement of meat and vegetables to the supermarket shelf as part...