News
Florida Private Flood Bill Now Law But Market May Take a While to Develop
Florida Gov. Rick Scott has signed legislation designed to encourage private insurers to offer flood insurance, but the industry is tamping down expectations that it will result in a viable market in ...
Marsh Enhances Claims Process With Launch of Pre-Approved Panel Counsel
In an effort to make the directors and officers liability claims process more efficient and collaborative, Marsh has announced the launch of a new Marsh D&O Panel, which will give clients facing ...
Emerging Global D&O Claims Trends
Directors and officers claims are increasing here and in other parts of the globe, according to insurance industry experts. Claims centered on merger acquisition, healthcare service vendor operations ...
House Committee Votes on TRIA With NARAB Amendment, FSOC Moratorium
The Republican House Financial Services Committee (HFSC) voted 32-27 in a party line split Friday morning to renew the Terrorism Risk Insurance Program (TRIA) for five years, sending the measure to ...
Deutsch Taking Chief Strategy Officer Role at Hamilton Seeking Growth Beyond Bermuda
Hamilton Insurance Group announced Thursday that insurance and financial services veteran Bob Deutsch will be joining the company in the newly-created position of Chief Strategy Officer. Deutsch, who ...
Top 10 States for Lightning Claims in 2013: I.I.I., State Farm Analysis
According to the Insurance Information Institute, Georgia was the top state for lightning claims in 2013. The state had an estimated 11,184 claims paid to policyholders, totaling $56 million. Texas, ...
Model Could Lower Drought Costs for Growers
A University of Florida-created model may help growers plant at optimal times and avoid crop-destroying drought, which can cost millions of dollars in a given year, according to one of the tool's ...
American Family, Microsoft Team Up on Startup Accelerator; Ventures to Create Smarter Homes
On Tuesday, Microsoft Corp. and American Family Insurance announced they are launching a unique business accelerator for startups focused on home automation. The accelerator will help the next ...