Industry News

Insurance Journal

California Passes Handful Bills Aimed at Protecting Wildfire Survivors

Sep 21, 2018 Five bills that their proponents say will protect wildfire survivors were signed by California Gov. Jerry Brown on Friday. The bills are aimed at addressing...

Court Upholds California Commissioner’s Regulatory Actions Against PacifiCare

Sep 21, 2018 A three-justice panel of the California Court of Appeal, 4th Appellate District, gas upheld Insurance Commissioner Dave Jones’ Fair Claims...

California Governor Signs Bill Giving Wildfire Victims Options for Rebuilding

Sep 21, 2018 Homeowners who lose their houses to wildfire will be able to use their insurance to rebuild somewhere else under an urgency bill signed by California...

Starr Insurance Cos. Launch Monoline GL Construction Wrap-Up Coverage

Sep 21, 2018 Starr Insurance Companies has introduced Starr CIP Enterprise, a monoline general liability construction wrap-up insurance policy. The new product is...

Best's Reviews

Retiring County Financial CEO: Private Insurers Have Capital to Write Private Flood

Sep 21, 2018 Private insurers have the capital and desire to write flood insurance, according to soon-to-retire Country Financial Chief...

Axis Re Names Property Underwriter at Lloyd’s

Sep 21, 2018 Axis Reinsurance said it appointed William Bennett as senior underwriter, property reinsurance at Lloyd’s. Bennett will join the company in March 2019 and will be...

Fidelis Takes Equity Stake in New Energy Managing General Agent

Sep 21, 2018 Fidelis Insurance said it has taken an equity stake in a new managing general agent dealing with energy risk called Kersey Specialty Ltd. The...

A.M. BestTV: U.S. Surplus Lines Sector Weathers Challenging Year, Say A.M. Best Analysts

Sep 21, 2018 In this A.M.BestTV episode, David Blades, senior research industry analyst, and Robert Raber, senior financial analyst,...

Claims Journal

Japan Government Focuses on Flying Car Project

Sep 21, 2018 Electric drones booked through smartphones pick people up from office rooftops, shortening travel time by hours, reducing the need for parking and clearing smog from the air....

UK Lawmakers Say ‘Wild West’ Cryptocurrencies Need Regulation

Sep 21, 2018 British lawmakers have backed calls for greater regulation of cryptocurrencies such as bitcoin in order to bring an element of control to a market that more...

Where to Call Home When Displaced by a Storm

Sep 21, 2018 As the pounding rains from Hurricane Florence finally ended, Lutrice Garcia left the shelter where she had spent several nights on a cot and tried to head home. But floodwaters from...

Mercury Insurance SIU Celebrates 40 Years of Crime Fighting

Sep 21, 2018 Mercury Insurance’s Special Investigations Unit (SIU), founded in 1978, is the company’s secret weapon against fraudulent insurance claims, which cost...

Business Insurance

Employers likely to prevail in LGBT cases at Supreme Court with Kennedy retirement

Jun 28, 2018 Employers will likely have an easier time combating claims of...

Validus recruits executive from XL

Jun 28, 2018 Validus Specialty Underwriting Services Inc. has recruited Bob Eells from XL Group to be senior vice president...

Lockton reports revenue increase

Jun 28, 2018 Lockton Cos. L.L.C. reported $1.57 billion in revenue for fiscal year 2018, a 9.9% increase over fiscal year 2017...