News
California Commissioner Tells Insurers to Cease Price Optimization
California Insurance Commissioner Dave Jones on Wednesday issued a notice to property/casualty insurers doing business in California advising them that so-called "price optimization" in rate making ...
Millions of Tons of Plastic Trash Clogging Oceans: Scientists
The world's oceans are clogged with plastic debris, but how much of it finds its way into the seas annually? Enough to place the equivalent of five grocery bags full of plastic trash on every foot ...
Picture an experienced underwriter who’s spent 30 years building carrier relationships, spotting risks others miss, and mentoring producers. Over the...
Train-Delivered Canadian Crude Oil Shipments Will Need More Insurance
The Canadian government is overhauling its safety rules for crude oil shipments by train, creating a disaster fund and forcing railways to carry more insurance. Oil companies will pay into the fund, ...
Reinsurance M&A Will Advance in Earnest: A.M. Best
It is early in 2015 and we've already seen a few major reinsurance M&A deals. Expect that trend to continue in earnest through the year as the market responds to some new realities, A.M. Best ...
Willis North America to Gain New Chair
Willis Group Holdings has named a new chair of Willis North America, a promotion from within. Christine LaSala will fill the slot. LaSala has been with the global risk adviser, insurance and ...
Too Many Drinks on a Business Trip Can Heighten Employer Liability
Business workers U.S. are pursuing all kinds of risky behavior when on work-related trips, creating liability and reputational issues for their employers across the board, On Call International ...
GEICO to Launch National RV Tour, Starting With the Daytona 500
GEICO is Launching a national RV tour, starting with the Daytona 500 . The Berkshire Hathaway (and Warren Buffett)-owned company, which is also the second largest private passenger auto insurance ...
Fitch Puts Watch on Brit plc
Fitch Ratings has placed some of Brit plc's ratings on Rating Watch Negative following an announcement that Fairfax Financial Holdings intends to acquire Brit for roughly $1.9 billion. The ratings ...