U.S.
State Farm Gets Supreme Court Hearing for Katrina Billing Case
The U.S. Supreme Court agreed to hear State Farm Fire and Casualty Co.'s bid to overturn a finding that the insurance company fraudulently overbilled the government for damage from Hurricane Katrina. ...
What NOAA is Forecasting for Atlantic Hurricanes; Late Season La Niña Likely
Forecasters at NOAA's Climate Prediction Center say the 2016 Atlantic hurricane season, which runs from June 1 through Nov. 30, will most likely be near-normal, but they also say this season is ...
Hurricane Making Landfall Would be a First for Many Florida Insurers
Should a hurricane make landfall in Florida this storm season, many of the homeowner insurance players now doing business there are untested as to how they'll perform when catastrophe hits. Fitch ...
Navigators, Chubb’s Illinois Union Accuse Surgical Robot Maker of Hiding Claims
It's health insurers' cardinal rule: disclose pre-existing conditions. Now comes a case in which that familiar decree involves not a patient, but rather a $1.5 million surgical robot known as the da ...
American Family Signs Derek Jeter, The General Grabs Shaq as Brand Spokesmen
NBA Hall-of-Famer Shaquille O'Neal and Derek Jeter, the retired New York Yankees shortstop and 14-time All-Star, future Hall of Famer are the latest legendary sports figures to become spokespersons ...
Allstate Unveils Coverage for Homesharing Homeowners
In a move to serve customers who rent out their homes on a temporary basis, Allstate has filed plans to offer home-sharing protection in six states — Arizona, Colorado, Illinois, Michigan, ...
Executives On The Move at W.R. Berkley and Travelers
W.R. Berkley Corp. appointed a new chief financial officer and another senior executive. At Travelers, one senior executive got a promotion and another longtime leader retired. *** W.R. Berkley Corp. ...
In China, Mutual Insurance Companies Are Slow to Start
China's attempt to spur the launch of mutual insurance companies has gotten off to a very slow start. Approximately 18 months after issuing regulations intended to spur growth of mutual insurers, ...