Insurance companies dropped a court challenge this week to a new Florida rule preventing them from immediately canceling some homeowners...
P&C Companies News
Yesterday’s U.S. Supreme Court 5-4 decision throwing out $79.5 million in punitive damages, a victory for cigarette maker Philip Morris,...
Two of the world’s largest insurers – Allianz AG and Munich Re – announced that they have signed on to...
New model policy wordings issued by the Association of British Insurers “will prevent drivers collecting confiscated vehicles using the ‘Driving...
Bermuda-based Max Re Capital Ltd. announced that Walker Rainey, previously Senior VP and CFO of Max Europe Holdings Limited, has...
A.M. Best has published a comment on the recently published figures from a number of global reinsurers following the January...
The Chicago Mercantile Exchange, the largest derivatives exchange in the United States, announced last week that it is launching contracts...
Florida Insurance Commissioner Kevin McCarty signed an order advising residential insurers to make rate filings to include the new discount...
Bermuda’s Platinum Underwriters Holdings, Ltd. reported net income of $86.0 million, or $1.28 per diluted common share, for the quarter...
Insurance company Geico plans to add more than 200 new customer service employees at its Tucson call center by the...