News
Florida Cat Fund Has $13B as Hurricane Season Starts
Florida is entering a new hurricane season with continued good news. The state-created fund that backs up private insurers in Florida has billions in the bank and appears capable of withstanding a ...
Convicted SocGen Trader Arrested in France; Insists Bosses Knew of Activity
Convicted rogue trader Jerome Kerviel was arrested in southern France late on Sunday to serve a three-year jail sentence in a high-profile case he has depicted as one individual's struggle against ...
How Does a Security Expert Handle ID Theft Protection?
You won't find security expert Michael Chertoff doing silly everyday things like using public WiFi, logging in with the same password on every site he uses, clicking on dubious links or falling for a ...
The Hartford Employees ‘Mob’ Small Business to Boost Sales, Show Support
Hundreds of employees of The Hartford showed up at local businesses in 14 cities with money to spend, forming "Hart Mobs" in support of small business. By patronizing local businesses in cities ...
Insured Disaster Losses Higher in Oklahoma Than in Any Other State in 2013
May 20, 2014, marks the one-year anniversary of the deadly tornado outbreak in Moore, Oklahoma, which contributed to the state's designation as the site of the costliest U.S. natural disasters in ...
United Insurance Seeks Better Spread in Florida by Acquiring Sunshine State Insurance
United Insurance Holdings Corp. (UPC) announced Thursday that the company has entered into a non-binding letter of intent to acquire 100 percent of Sunshine State Insurance Company (SSIC), a Florida ...
Packer Now Torus CEO as O’Donohoe Steps Down
With the acquisition of Torus Insurance Holdings Limited having been completed on April 1, acquirers Enstar Group Limited and Stone Point Capital LLC joined Torus in announcing senior management ...
Has Online Shopping for Auto Insurance Peaked?
Shopping over the internet for auto insurance is down for the second year in a row, says a survey by a company that tracks the behavior of consumers with credit history. The latest TransUnion Auto ...