Commercial Lines
Padgett Plaintiffs Ask Florida Supreme Court to Decide Workers Comp Constitutionality
A legal challenge to the constitutionality of Florida workers compensation system that was thrown out by a state appeals court may be headed to the Florida Supreme Court. The plaintiffs in the case ...
Jacobson, Ward Updating Insurance Labor Outlook Study for Midyear Outlook
The Jacobson Group and Ward Group, an Aon Hewitt company, are conducting the 2015 midyear iteration of the Semi-Annual U.S. Insurance Labor Outlook Study. "As demand continues to far surpass the ...
The Top P/C M&A Deals in 2015 (So Far)
ACE Ltd. shocked the industry with news earlier in July that it would pay $28 billion in cash and stock for Chubb Corp., an industry rival. But it's only the latest in a series of M&A moves in ...
U.S. P/C Net Income Rises 31% in Q1: ISO and PCI Report
Private U.S. property/casualty insurers collectively generated growth, higher net income and an improved combined ratio in the 2015 first quarter, ISO and the Property Casualty Insurers Association ...
United Airlines Awards Hackers Millions of Miles for Revealing Risks
United Continental Holdings Inc. has awarded millions of frequent flier miles to hackers who have uncovered gaps in the carrier's web security, in a first for the U.S. airline industry. United ...
PartnerRe, AXIS Improve Merger Terms in Advance of Shareholder Vote
PartnerRe and AXIS Capital Holdings Ltd. have released sweetened terms of their merger deal intended to entice shareholders in advance of their Aug. 7 vote on the matter. The package includes an ...
Former Oppenheimer Exec Sentenced to Prison in Insurer-Sale Fraud
A former Oppenheimer & Co. Inc. executive was sentenced to almost two years in prison for his role in a fraud that prosecutors say led to the collapse of an Oklahoma insurance company. Allen ...
Boeing, Airbus Assessing Impact of Blast at U.S. Zodiac Aerospace Plant
A powerful blast at a Zodiac Aerospace factory in Washington state made some portions of the building unsafe to enter, raising concerns that the assembly of Boeing and Airbus aircraft could be ...