Industry News

Best's Reviews

Upcoming Events: A.M. Best Director Speaking About Property/Casualty Impairment Trends

Apr 21, 2017 A.M. Best director of industry research, credit rating criteria, research and analytics Michelle Baurkot will speak at the...

Trump Orders Hiatus for SIFI Designations, a Review of Post-Crisis Regulations

Apr 21, 2017 President Donald Trump signed an executive order directing Treasury Secretary Steven Mnuchin to suspend any new systemically...

Marsh Affiliate Launches Property Vehicle Alternus With Backing From AGCS, Nephila

Apr 21, 2017 A subsidiary of broker Marsh said it launched an insurance solution called Alternus to provide U.S. companies with access to...

Oklahoma Commissioner Doak Backs Cross-Border Health Insurance Sales Legislation

Apr 21, 2017 The Oklahoma House of Representatives is considering legislation to allow the sale of health insurance across state lines,...

Business Insurance

Schinnerer unveils property insurance coverage

Apr 21, 2017 The Schinnerer Group is introducing a new insurance program through Marsh L.L.C. that will cover up to 10% of an insured’s...

AIG units may be liable in airline reservations dispute

Apr 21, 2017 The case is related to a $200 million settlement that a flight reservation technology firm reached with American...

Equity analysts look favorably on robust insurer risk management

Apr 21, 2017 Equity analysts prefer strong risk management practices among insurers rather than a...

Massive workers comp fraud ring uncovered in California

Apr 21, 2017 More than two dozen doctors, pharmacists and business owners in California are facing insurance fraud charges in...

Insurance Journal

Allied World to Offer Drone Loss Control Services to Policyholders

Apr 21, 2017 Allied World North America has expanded its risk management offerings to policyholders to include access to discounted unmanned aerial systems (UAS) services...

Wyoming Flood Preparations Follow Flood Predictions

Apr 21, 2017 Fremont County, Wyo. residents and disaster response officials are making preparations for spring flooding. Predictions are that the county could see its biggest runoff from the...

Idaho Governor Issues Warnings over Potential Flood Disasters

Apr 21, 2017 Idaho Gov. C.L. “Butch” Otter says residents facing possible flooding in some areas of the state aren’t taking what he calls a potential disaster...

Managers Made Errors in Handling California Dam Crisis

Apr 21, 2017 Late in the afternoon of Feb. 12, Sheriff Kory Honea was at the emergency operations center for the tallest dam in America when he overheard someone say something that stopped...

Claims Journal

Michigan Bill Could Authorize Theft Fees on Commercial Trucks

Apr 21, 2017 Michigan senators approved legislation that could allow the Automobile Theft Prevention Authority to assess small fees on commercial vehicles, not just private...

Tesla Sued Over Defective Autopilot Software

Apr 21, 2017 Tesla Inc. is facing its first U.S. legal challenge over self-driving technology in a case alleging the electric carmaker sold 47,000 vehicles with Autopilot software that’s “...

Pennsylvania Busts License Plate Fraud Ring

Apr 21, 2017 Pennsylvania’s attorney general’s office on Wednesday charged a dozen people as part of an organized crime ring that it said had made millions of dollars renting out...

Stripper Shot on the Job Will Get New Workers’ Comp Hearing

Apr 21, 2017 The quibbling continues over how much a South Carolina stripper should be compensated after being shot while on the job, with the state’s highest court on...

Property Casualty 360

People on the move in the P&C insurance industry: April 21, 2017

Apr 21, 2017 News from Ric Insurance General Agency, Keystone Insurers Group, Chubb and more.

Willis Towers Watson appoints new head of broking, North America

Apr 21, 2017 Willis Towers Watson has appointed Joe Peiser as head of broking, North America, part of its corporate risk and broking...

Judith Vaughan, The Institutes director of content development, passes away

Apr 21, 2017 Judith Vaughan had more than 20 years of experience in claims and risk management for international organizations.

Best eco-friendly cars for Earth Day 2017

Apr 21, 2017 Do you know which models are most recommended for your environmenally conscious auto insurance clients?