Industry News
Ohio Appeals Court Hits State for WC Overcharging
The director of Ohio's state insurance fund for injured workers said Friday that he's disappointed with an unusually pointed appeals court decision that says the fund overcharged employers by ...
If Cars Drive Themselves, How Will Actuaries Make Sense of Data to Price the Risks?
Scientists and engineers predict the day is near when cars drive themselves, but that doesn't mean that traveling on the highway will be entirely carefree. There will be accidents, and someone will ...NY AG Schneiderman Says AIG Suit Is Bid to Hobble Unlicensed Sales Probe
New York Attorney General Eric Schneiderman asked a federal judge to dismiss a lawsuit filed by American International Group Inc. against the state's Department of Financial Services and its ...
Judge: Corzine, Ex-MF Global Execs Can Tap More Insurance Funds for Defense
Jon Corzine and other former insiders of collapsed brokerage MF Global can tap another $10 million of insurance funds to defend lawsuits accusing them of hastening the firm's downfall, a U.S judge ...
Farmers’ New Consumer Web Portal Has Auto Buyers In Mind
Farmers Insurance is launching a new consumer web portal designed, in part, to expand how it sells auto and other kinds of insurance. The initiative reflects a push to attract and retain younger ...
Former VP Gore Backs Insurance Execs’ Commitment to Climate Risk at Geneva Assoc. Assembly
Former U.S. Vice President Al Gore recognized the insurance industry's key role in helping the world to tackle climate-related risks during a speech at The Geneva Association's annual General ...
66 Industry CEOs Sign Geneva Association Climate Risk Statement
Sixty-six chief executives of the world's leading insurers have confirmed their commitment to The Geneva Association's Climate Risk Statement―a set of guiding principles on the substantial role ...
Aspen, Still in Endurance’s Sights, Touts Growth and Investor Value
Aspen Insurance Holdings continues as Endurance Specialty Holdings' hotly coveted takeover target. In the meantime, the Bermuda reinsurance and insurance player made its case to investors that it is ...