Industry News

Business Insurance

Ironshore promotes Bermuda executives

Jan 17, 2018 Ironshore Inc. said Wednesday it has named Steve Horton CEO of its Iron-Starr Excess Agency Ltd. unit and Susan Pateras chief operating officer of...

Berkley combining two professional liability units

Jan 17, 2018 W.R. Berkley Corp. said Wednesday it is combining two of its professional liability units into a single operating unit.

Pa. governor declares opioid epidemic a statewide disaster

Jan 17, 2018 Pennsylvania Gov. Tom Wolf issued a disaster declaration for the state as a response to the...

Best's Reviews

Progressive to End Drop-Off/Pick-Up Points for Customer Vehicles

Jan 17, 2018 Progressive Corp. said it will stop using 68 service centers as drop-off/pick-up points for customers’ vehicles, making most of them claims offices...

Geico Could Hire 700 at New Regional Corporate Offices in Tucson

Jan 17, 2018 Geico said it will move its Tucson regional corporate offices into a new site with space for 700 more employees. Construction on the 200,000-...

State Farm Closing Two Claims Centers in Washington State

Jan 17, 2018 State Farm plans to close two primarily claims centers in Tacoma, Washington, by year-end, and said it will relocate about 600 of 1,400 employees to...

Panel Approves Bill to Emphasize Restrictions on Federal Insurance Regulation

Jan 17, 2018 A U.S. House committee approved a bill to underscore that insurance companies remain under the jurisdiction of state regulators and...

Insurance Journal

Judge Allows Philadelphia’s Suit Claiming Unfair Lending by Wells Fargo

Jan 17, 2018 A federal judge in Philadelphia on Tuesday rejected Wells Fargo & Co.’s bid to dismiss that city’s lawsuit accusing the largest U.S. mortgage...

Ratings Assigned to Iowa’s Midwest Family Advantage Insurance

Jan 17, 2018 A.M. Best has assigned a Financial Strength Rating (FSR) of A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” to Midwest...

Harvey-Devastated Texas Coastal Towns Still Working on Recovery

Jan 17, 2018 Some Texas coastal towns where Hurricane Harvey made landfall are working to restore tourism and other economic attractions nearly five months after the...

Carroll Promoted to VP, Underwriting at ISMIE Mutual Insurance

Jan 17, 2018 Chicago-based ISMIE Mutual Insurance Co., a provider of medical professional liability insurance services, has promoted Edward J. Carroll JD to vice president of...

Property Casualty 360

The Institutes announce new partnership with ITL and Innovator's Edge

Jan 17, 2018 Risk and insurance knowledge group The Institutes has announced a collaboration with Insurance Thought Leadership...

How insurance agents should care about their customers

Jan 17, 2018 Focusing on the human aspect of the insurance industry, here are 7 tips for insurance agents to reference to improve their...

Around the P&C insurance industry: Jan. 17, 2018

Jan 17, 2018 News from Sapiens International Corporation, Relation Insurance Services, Property Casualty Insurers Association of America and more.

Insights for handling a sexual harassment claim

Jan 17, 2018 An increase in the number of harassment claims highlights the need for coverage and training.

Claims Journal

The Move to a Private U.S. Flood Insurance Market

Jan 17, 2018 Continued concern with the viability of the National Flood Insurance Program (NFIP) has led to growing interest in a private flood insurance market. For the first time last year...

Worst Global Weather Threat Isn’t Hurricanes

Jan 17, 2018 The National Oceanic and Atmospheric Administration this week released its list of climate events that have had the greatest economic impact on the U.S. from 1980 to 2017. At $...

No Past Problems With Boat That Caught Fire Off Florida Coast

Jan 17, 2018 A casino company said Monday it never had a problem with the shuttle boat that burst into flames off Florida’s Gulf Coast, leading to the death of a female...

California Highway Will Remain Closed for Another Week After Mudslides

Jan 17, 2018 Crews working around the clock cleared boulders, trees and crushed cars from all lanes of U.S. 101, but California officials said Monday the key coastal highway...