Government
FEMA Resumes Issuing New Flood Insurance Policies During Shutdown
The Federal Emergency Management Agency (FEMA) said on Friday it will resume issuing new flood insurance policies during the partial U.S. government shutdown, reversing a decision announced before ...
Industry Reacts to Limits on Flood Program Ops During Government Shutdown
As indicated by a report by Insurance Journal over the holidays, the Federal Emergency Management Agency (FEMA) is limiting the authority of the nation's flood insurance program to issue new and ...
What is business transformation in insurance? Insurance business transformation is an operating model and technology foundation shift that allows organizations...
Lloyd’s Underwriters Paying To Settle NYDFS Charges Related to NRA-Branded Insurance
In a December 20 consent order, 10 Lloyd's of London underwriters have entered into an agreement to pay $5 million to the New York State Department of Financial Services (DFS) for underwriting fire ...
Vullo Stepping Down as New York Insurance Regulator
Maria Vullo is stepping down as head of New York's banking and insurance regulator, she said in an interview last week, after three years in which she created a national model for cybersecurity ...
Climate Change Fallout: Floods Pushing Homes Higher, Restricting Access for Disabled
When Superstorm Sandy flooded Liz Treston's home on the South Shore of Long Island, she worried her wheelchair would prevent first responders from rescuing her. So Treston, a quadriplegic, wrote her ...
J&J Can’t Persuade Judge to Set Aside $4.7B Talc Verdict; Appeal to Come
Johnson & Johnson failed to persuade a Missouri trial judge to set aside a July verdict awarding a record $4.69 billion to 22 women who blamed their ovarian cancer on asbestos in the company's ...
EU Agrees to Sizable Carbon Emissions Reduction Goal for Cars
The European Union agreed on Monday to a goal of cutting carbon emissions from cars by 37.5 percent in a decade, finally settling differences between vehicle-producing countries and ...
Proposed Second Brexit Referendum Would Be a Breach of Trust: UK PM May
U.K. Prime Minister Theresa May will attack supporters of a second Brexit referendum on Monday as she explains to Parliament why European Union leaders rebuffed her attempt to make her divorce deal ...