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United Fire CEO: Company Posts Net Loss Despite Rate, Underwriting Actions

Feb 20, 2019 Severity of losses in commercial automobile and general liability lines increased in the fourth quarter at United Fire Group Inc. as the...

UK Regulator Gives Wholesale Broking Market a Passing Grade

Feb 20, 2019 As it published its market study report on the wholesale insurance broker market, The U.K Financial Conduct Authority said it hasn’t found evidence of “...

United Insurance Holdings CEO: Hurricane Irma Losses Keep Coming

Feb 20, 2019 Gross losses for Hurricane Irma have reached $900 million for United Insurance Holdings Corp. (UPC), according to Chief Executive Officer and...

Insurers, Market Observers Question Sustainability of Medicare-at-50 Bill

Feb 20, 2019 A bill to allow consumers as young as 50 to buy in to Medicare coverage poses questions about the way health care is delivered, possibly...

Insurance Journal

AM Best Revises Status to Developing for California Capital Insurance Co. and Subsidiaries

Feb 20, 2019 AM Best has revised the implications of the under review status to developing from negative for the Financial Strength Rating (FSR) of A...

Insurer Hit With $102K Fine for Selling Illegal NRA-Branded Policies

Feb 20, 2019 Illinois Union Insurance Co. has paid a $102,000 fine after Washington Insurance Commissioner Mike Kreidler ordered the company to cease underwriting self-...

Great American Insurance Promotes Mercurio, Thompson

Feb 20, 2019 Cincinnati, Ohio-based Great American Insurance Group has promoted Anthony (Tony) J. Mercurio and David L. Thompson Jr. to executive vice presidents of its property/casualty...

North Dakota House OKs Medical Marijuana Law Changes

Feb 20, 2019 The North Dakota House approved legislation that would expand the list of medical conditions for which residents can use medical marijuana, add health care professionals who...

Claims Journal

50 Restaurants, Hotels Across Arizona Hit with Data Breach

Feb 20, 2019 A data breach may have compromised the personal information of customers who patronized any of 50 Arizona businesses last month. North Country Business Products says an...

Supreme Court Declines to Hear Bill Cosby Accuser’s Defamation Claim

Feb 20, 2019 The Supreme Court is declining to revive a defamation lawsuit against Bill Cosby that was filed by a woman who says he raped her and later spread lies about...

Oakland’s Catholic Diocese Names 45 ‘Credibly Accused’ of Sexual Abuse

Feb 20, 2019 The Catholic Diocese of Oakland, California, has released the names of 45 priests, deacons and religious brothers who officials say are “credibly accused...

Town Remembers 10 Girls Killed in Factory Explosion 130 Years Ago

Feb 20, 2019 Margaret Bau was shivering as she remembered stories about her great-grandmother Gwendolyn Lake, the mother of one of 10 girls and young women who died horrible...