Louisiana’s taxpayer-backed property insurance company will seek a new broker for reinsurance coverage because its current broker failed to disclose...
Markets/Coverages News
Merck & Co. said last Friday it will pay $4.85 billion to end thousands of lawsuits over its painkiller Vioxx...
Allstate customers in West Virginia will be paying less for homeowners’ insurance. The company announced last week that West Virginia...
Seattle-based Safeco is estimating that claims stemming from the recent California wildfires will amountto $35 million in pretax catastrophe losses....
Great American Insurance Group, based in Cincinnati, Ohio, has added specialized protection for storage tanks as part of a standard...
The Marquis Agency of Woodbridge, N.J., acquired Lucas & Dake Co. Inc. of Rochester, N.Y. The new agency will be...
The nation’s reinsurance industry is criticizing Congressional natural disaster legislation as raising false hopes about addressing the homeowners insurance market...
A jury on Nov. 7 sided with a south Louisiana couple in the first federal trial in Louisiana against State...
The Port of New Orleans, trying to get back on track after Hurricane Katrina, is locked in a fight with...
As Massachusetts prepares to open up its private passenger auto insurance market to more competition, The Hanover Insurance Group, Inc....