U.S.
NHL Sued by TIG Insurance Over Defense of Concussion Lawsuits
The National Hockey League was sued by an insurer seeking to limit its duty to defend the league in lawsuits alleging it concealed the long-term effects of concussions and failed to warn players of ...
FIO Seeks Comments on Auto Insurance Affordability
On April 10, the Federal Insurance Office, citing its authority under the Dodd-Frank act to monitor whether underserved communities have access to affordable insurance, posted a request for comments ...
Forms are the foundation of every insurance product. So why does managing them still feel like the slowest part of...
BofA Settles with FGIC, Mellon Over Mortgage Securities for $950M
Bank of America Corp., the second- largest U.S. lender, said it reached a $950 million settlement tied to residential mortgage securities backed by Financial Guaranty Insurance Co. The accord ...
Why Hands-Free Cellphones Are Not Safer: Safety Council
A National Safety Council public opinion poll indicates that 80 percent of drivers across the country believe that hands-free devices are safer than using a handheld phone despite evidence to the ...
U.S. Retailers to Share Cyber Threat Data After Target Attack
U.S. retailers are planning to form an industry group for collecting and sharing intelligence about cyber security threats in a bid to prevent future attacks in the wake of last year's big attack on ...
QBE Confirms Strategic Review of U.S. Mid-Market Biz
QBE confirmed Monday that it is undertaking a strategic review of its U.S.-based middle market business. As Carrier Management reported in February, QBE Chief Executive Officer John Neal previously ...
Life Without TRIA: Zurich, ACE Execs Debate Terror Coverage Strategies
Two weeks before the Senate introduced legislation to extend the federal terror insurance backstop, carrier executives revealed opposing plans for offering coverage to customers exposed to terror ...
Senate TRIA Renewal Bill Elicits Cautious Optimism from Industry Trades
Insurance industry lobbying groups are hopeful that the bipartisan legislation introduced in the Senate on April 10 to reauthorize the Terrorism Risk Insurance Act, or TRIA, will have a better chance ...