News
Tokio Marine Has $10 Billion for Potential Acquisitions: Executive
Tokio Marine could potentially spend around $10 billion on overseas acquisitions and is patiently tracking public companies around the world, the co-head of the Japanese insurer's expanding ...
‘Unceasing Onslaught’ of Legal Ads Worth Insurance Industry Attention
Often alarming, misleading or just plain annoying — when mass tort lawsuit advertisements pop on a TV screen, many consumers instinctually reach for the remote. An expert believes that the ads are ...
State Farm Update: More ‘Difficult but Necessary’ Decisions in California
State Farm wasn't quite done making tough decisions about writing business in California when it announced that it wouldn't accept applications for new homeowners policies in the state in May of last ...
Sinking Coastal Cities Could Impact 500,000 With Future Flood Risk
One in 50 people living in two dozen coastal cities in the United States could experience significant flooding by 2050, according to researchers at Virginia Tech. Within the next thirty years, the ...
Ban Expected for Last Form of Asbestos Used in U.S.
The U.S. Environmental Protection Agency on Monday finalized a rule that would ban using and importing cancer-causing asbestos, a material still used in some vehicles and in some industrial ...
Georgia Legislature Limits Lawsuits Against Insurers After Truck Crashes
The ability of people to sue insurance companies directly after trucking crashes would be limited under a bill receiving final passage in the Georgia legislature. The House voted 172-0 on Monday to ...
Former Markel Group CEO Kirshner, 88, Dies
Former Markel Group CEO Alan Kirshner died on March 17, said the company. He was 88 years old. The Richmond, Va.-based insurer said that Kirshner, who was chairman and CEO of Markel Group from 1986 ...
NAIC Names Bay State Insurance Commissioner as CEO
The National Association of Insurance Commissioners over the weekend announced Massachusetts Insurance Commissioner Gary D. Anderson as the organization's chief executive officer. Anderson will start ...