News
Hundreds of Sandy Flood Victims Contact FEMA For Damage Claims Review
Close to 1,000 Sandy flood victims have contacted the Federal Emergency Management Agency to have their damage claims reviewed since the government entity offered to do so in a first round of letters ...
Illinois Signs Connecticut Insurance Dept. Acting Commissioner to Top Regulator Job
Gov. Bruce Rauner says he will appoint the acting commissioner of the Connecticut Insurance Department to be director of the Illinois Department of Insurance. Rauner's office made the announcement on ...
Pacific Facing Major Storms; Atlantic, Not So Much (Yet)
The Atlantic hurricane season opened with empty seas and low expectations as two storms raged off the western coast of Mexico, where they will almost certainly stay. Hurricane Andres, which formed ...
Florida Insurance Still Pricey Despite Storm-Free Seasons
Living in a (semi)-tropical paradise has a price—and apparently, not even going nine years without a major hurricane strike will change that. While Florida's property insurance market has ...
Alpha Natural Resources Seeking to Cover $400M in Mine Cleanup Liabilities
Alpha Natural Resources Inc no longer qualifies for a government program that subsidizes a share of mine cleanup insurance, requiring the coal company to find another way to cover roughly $400 ...
Once Again, Leading Asset Managers Reject Global Risk Reduction Rules
The world's multi-trillion dollar asset management industry has presented a united front to reject proposals aimed at mitigating risks in the sector, even after they were revised by regulators. The ...
WCRI: Michigan WC Costs Per Claim a Major Bargain
Workers' compensation costs per claim in Michigan were lower than that of the typical state, according to a recent study by Massachusetts-based Workers Compensation Research Institute, with average ...
PartnerRe’s Shareholders Will Vote July 24 on Proposed AXIS Capital Merger
PartnerRe set July 24 as the date that shareholders will vote on its proposed merger with AXIS Capital Holdings, months after both parties first announced their agreement. The milestone follows a ...