U.S.
Florida Eyes Effect of Lower Reinsurance Costs on Homeowners Rates
Florida Chief Financial Officer Jeff Atwater wants to know why home insurers are not passing along to insureds apparent savings they are realizing on reinsurance. The state's insurance regulator says ...
PwC Gobbles up Booz & Co as Big 4 Rebuild in Consulting
PricewaterhouseCoopers said on Wednesday it agreed to buy Booz & Co., ratcheting up an aggressive move by large audit firms back into the lucrative consulting business more than 10 years after ...
Insurance compliance work rarely operates at an entirely predictable pace. A carrier may be managing normal licensing and appointment activity...
Obama to Announce Effort to Lure Foreign Businesses To U.S.
President Barack Obama is to tout investment opportunities on Thursday when he announces Washington is expanding its efforts to entice foreign firms to bring jobs to the United States, administration ...
Oklahomans Urged to Buy Earthquake Insurance
Oklahoma's insurance commissioner is advising residents to purchase earthquake insurance after a national report suggested that seismic activity in the central part of the state is here to stay. ...
Reinsurers Target Regional Carriers as Alternative Capital Lures National Accounts
Regional and super-regional carriers may start getting more attention from reinsurers in advance of Jan. 1, 2014 renewals, a broker representative predicted recently. During the PCI Annual Meeting in ...
Insurer Founder, Delaware Regulator Fight Over Company Seizure
Indemnity Insurance Corp., which insures nightclubs, is at the center of a legal tug of war between its founder and the Delaware insurance commissioner. The dispute between company founder Jeffrey B. ...
JPMorgan’s $13B Deal Hits Stumbling Blocks: Sources
JPMorgan Chase & Co. and the U.S. Justice Department have hit snags in working out the final details of their $13 billion settlement over the bank's mortgage bonds, two people familiar with the ...
A Year After Sandy, Rebuilding Continues in Storm-Hit Towns
A year after Superstorm Sandy inundated the East Coast with record flooding that left 159 people dead, residents of the hard-hit New Jersey shore still have a ways to go in rebuilding damaged ...