Content from Andrew Simpson
ProAssurance to Acquire Workers’ Comp Specialist Eastern Holdings
Medical professional liability insurer ProAssurance Corp. (NYSE: PRA) said it is acquiring monoline workers' compensation insurer Eastern Insurance Holdings Inc. (NASDAQ: EIHI) in an all-cash ...
FEMA Chief Tells Senators He Can’t Delay Flood Insurance Rates
Pressure continues to build in Congress to delay implementation of flood insurance reforms that are raising premiums for thousands of property owners across the country. But the man in charge of ...
TRIA Structure Will Change, But Renewal Expected: Analyst
After property/casualty insurance industry representatives presented testimony before the House Committee on Financial Services on the future of the federal terror backstop, a research firm predicted ...
How Most of the Insurance Industry Escaped the Worst of the Financial Crisis
At a time when efforts are underway to require additional supervision of some large insurers, a new government report concludes that the insurance industry's own practices and the policies of state ...
Halliburton Pleads Guilty to Destroying Gulf Oil Spill Evidence
Halliburton Co. has agreed to plead guilty to destroying evidence related to the 2010 Gulf of Mexico oil spill, the U.S. Department of Justice said on Thursday. The government said Halliburton's ...
Commercial Lines Rate Increases Slowed in Q2: The Council
Commercial property/casualty pricing continued to gently creep upwards in the second quarter, however signs of some moderating of increases also surfaced. The Council of Insurance Agents & ...
P/C Industry Told TRIA Extension Will Not Pass In Time For January Renewals
The property/casualty insurance industry should not count on Congress reauthorizing the federal terrorism reinsurance program this year or in time for January renewals, according to a key insurance ...
How Carriers, Agents Can Adapt As Small Commercial Buyers Move Online
About 52 percent of America's small business insurance customers say they are ready to complete their commercial insurance purchasing online without the aid of an agent or broker. That's according to ...