Industry News
Spending Bill Delays Some Flood Insurance Hikes
Homeowners worried that new federal flood maps will send their flood insurance premiums skyrocketing would get some short-term relief under a provision tucked into the massive government-wide funding ...
Federal Lawsuit Filed Over West Virginia Chemical Spill
Eastman Chemical Co., a Kingsport, Tennessee-based chemical manufacturer, was sued by West Virginia stores and residents who allege the firm concealed the cancer- causing elements of a chemical ...
Verisk to Buy EagleView Technology Image Library for $650 Million
Verisk Analytics Inc., the supplier of data to insurers and banks, agreed to buy EagleView Technology Corp. for $650 million in cash, adding an image library that encompasses about 90 percent of U.S. ...
Shedding Light on ‘Dark Side’ of Internet of Things
The futuristic world of self-driving cars, eyeglasses that e-mail and trash cans that call for pickup is running into the old-fashioned pace of doing business in Washington. Companies from Google ...
Ridesharing Companies, ‘Uber’ Coverage Gap Worry Insurance Group
The tragedy of a young girl who was killed on New Year's Eve by a motorist on contract with a cellphone app-based ridesharing service has at least one insurance group speaking up even louder to drive ...
Top Jury Awards in 2013
U.S. juries awarded three verdicts of $1 billion or more for the third straight year in 2013, topped by a $1.2 billion award against Dow Chemical Co., the largest ever in a price-fixing case. Second ...
West Virginia Spill Triggers Calls for Stronger Chemical Regulation
A chemical spill that left 300,000 people in West Virginia unable to drink their water is reviving calls for more stringent regulation of thousands of chemical storage sites in the U.S., especially ...
SNL Acquires Analytics Firm iPartners
SNL Insurance, a division of SNL, has acquired iPartners LLC, which offers analytics and reporting software and services that help insurers collect and analyze internal business data. Terms were not ...