Florida Judge Upholds Injunction Against Portions of State’s PIP Law April 24, 2013 By Michael Adams A Florida judge has upheld his temporary injunction partially blocking portions of the state’s automobile no-fault insurance law on the...
Kreidler Names New Chief Deputy April 24, 2013 Washington Insurance Commissioner Mike Kreidler named longtime staffer Jim Odiorne to be the agency’s new chief deputy. The appointment is...
Travelers Q1 Profit Up 11% to $896M; CEO Says ‘We Will Keep Going’ on Rate Hikes April 24, 2013 The Travelers Companies Inc. on Tuesday reported $896 million net income for its 2013 first quarter, an increase of 11...
Swiss Re in Co-op Agreement with GEM Foundation for Latin America Quake Risk April 24, 2013 The Swiss Re Foundation and the GEM Foundation announced a “three-year collaborative project to create the first-ever comprehensive picture of...
WHO Says New Bird Flu Strain is ‘One of Most Lethal’ Viruses April 24, 2013 By Sui-Lee Wee A new strain of bird flu that has killed 22 people in China is “one of the most lethal” of...
IAG Outlines Strategy to Sustain New Zealand Market Position April 24, 2013 Insurance Australia Group Limited (IAG) has issued an update on its New Zealand business, and has outlined its strategy to...
ACE Reports $953 Million Q1 net Income; P&C Combined Ratio 88.2% April 24, 2013 ACE Limited reported net income for the quarter ended March 31, 2013 of $2.77 per share – $953 million –...
Report: Bus Driver in Fatal Texas Crash Says He May Have Blacked Out April 24, 2013 By David Warren The driver involved in a fatal North Texas bus crash told authorities he may have blacked out in the moments...
Sandbagging Underway in Fargo, North Dakota-Area Subdivisions April 24, 2013 The flood fight is kicking into high gear in southeastern North Dakota, where residents are preparing for what could be...
McGowan Acquires Ohio’s Governmental Underwriters of America April 24, 2013 The McGowan Companies (McGowan), based in Fairview Park, Ohio, has purchased the assets of Governmental Underwriters of America Inc. (GUA)....