News
Top 10 Insured Catastrophe Loss Events for 2013: Swiss Re
More than half of the insured losses from the top 10 catastrophe events in 2013 occurred in Europe, according to Swiss Re. In the latest sigma report, Swiss Re reveals that floods in Europe in June ...
Paint Manufacturers to Pay $1.1B to California Municipalities in Nuisance Liability Case
Sherwin-Williams Co., NL Industries Inc. and ConAgra Grocery Products LLC have been ordered by a judge to pay $1.1 billion to replace or contain lead paint in millions of homes after losing a ...
For carriers and MGAs, cloud-hosted insurance platforms can reduce IT overhead, strengthen business continuity, improve security, and make scaling claims...
Liberty Mutual Buying Rest of Quinn Insurance in Ireland
Liberty Mutual Group Inc. said it will buy the 49 percent stake in the former Quinn Insurance Ltd. in Ireland that it doesn't already own from failed lender Irish Bank Resolution Corp. The company ...
Universal, Fireman’s Fund Seek ‘Fast and Furious’ Solution Following Star’s Death
When "Fast And Furious" star Paul Walker died and left the seventh film in the franchise hanging in the balance, it wasn't the first time a studio and its insurer faced such a situation, but the ...
SEC Hikes Limit for Small Stock Deals to $50M Under JOBS Act
The U.S. Securities and Exchange Commission unanimously proposed boosting by 10 times the amount of money companies can raise under a simplified public offering, the agency's latest step to ease ...
JPMorgan Seeks More Than $1B From FDIC Over WaMu claims
JPMorgan Chase & Co sued the Federal Deposit Insurance Corporation in federal court on Tuesday, saying the agency owes it more than $1 billion in compensation for not assuming legal claims ...MAPFRE|Commerce Insurance Unveils Telematics Program in Massachusetts
MAPFRE | Commerce Insurance announced the launch in Massachusetts of its DriveAdvisor Program. The new program will allow eligible Massachusetts drivers to receive information on driving patterns and ...
AmWINS’ DeCarlo Will Be City of Hope’s 2014 Spirit of Life Award Honoree
The City of Hope and the National Insurance Industry Council said M. Steven DeCarlo, CEO of Charlotte, North Carolina-based AmWINS Group Inc., will be honored at the NIIC's 2014 Spirit of Life Award ...