Industry News
Q4 Net Income at Travelers Falls 39%
Travelers Cos. this morning reported fourth quarter net income of $819 million, a decrease of about 39% from $1.3 billion a year ago during the same time. The insurer's Q4 combined ratio increased ...
The Latest Launches from The Fortegra Group, Embroker, kWh Analytics
The Fortegra Group, Inc., a global specialty insurer and subsidiary of Tiptree Inc., announced the launch of a catalytic converter theft deterrent product under the company's Smart AutoCare brand. ...
Florida High Court Disbars Notorious Plaintiffs Lawyer; Infamous Public Adjuster Could Be Next
Florida officials have taken strong action against two of the insurance industry's most-detested adversaries, disbarring a notorious plaintiffs' attorney who filed thousands of frivolous claims ...
Louisiana Governor Orders Special Session to Address Insurance Incentive Fund
Louisiana Gov. John Bel Edwards called for a special session Sunday to address appropriate funds to the Insure Louisiana Incentive Fund, a fund created by lawmakers last year to attract more ...
Tech Bytes: New Partnerships at Two Sigma, BondExchange, Price Digests
Two Sigma Insurance Quantified, an underwriting technology company for the commercial property/casualty industry, announced a partnership with NominoData, a company helping clients with worldwide ...
Executives on the Move at Zurich NA, Trium, EMC
Zurich North America made two promotions in its U.S. National Accounts business as it focuses on "delivering holistic, customer-led risk management solutions for corporate customers and their ...
OSHA Says Amazon.com Exposed Workers to Safety Hazards
A U.S. government agency has issued citations against Amazon.com Inc. for failing to keep warehouse workers safe by exposing them to ergonomic hazards that resulted in serious injuries. The ...
Drenching In California: Most Homeowners Have No Flood Insurance
Last Sunday morning, Kyle Starks woke up to floodwaters that reached the door of his Jeep after yet another heavy rain storm drenched California. Emergency crews showed up with boats to float Starks ...