Industry News

Insurance Journal

NAPSLO, AAMGA Members OK Merger; New Wholesale & Specialty Association Is Born

Jul 25, 2017 Members of the American Association of Managing General Agents (AAMGA) and the National Association of Professional Surplus Lines Offices (...

Texas Seeks Applicants for Medical Liability Insurance Underwriting Board

Jul 25, 2017 The Texas Department of Insurance is accepting applications through August 31 for the public member positions on the Texas Medical Liability...

Flooding Continues in Northern Illinois as Storms Move Through

Jul 25, 2017 Severe thunderstorms that brought heavy rain, hail and strong winds to northern Illinois have exacerbated recent flooding in some areas. The storms moved through...

Allstate’s Kennelly Joins Hub International as Head of Human Resources

Jul 25, 2017 Chicago-based global insurance brokerage Hub International Limited (Hub) has appointed Amber Kennelly chief human resources officer. Kennelly will be...

Claims Journal

Latest Trends in Professional Liability Claims

Jul 25, 2017 Professional liability claims and coverage is evolving, according to Steve Whelan, director of management/professional liability product development for ISO. With increasing...

Ford and Mazda to Fight Latest Takata Recall

Jul 25, 2017 Ford is fighting the latest expansion of the Takata airbag inflator recall. Earlier this month, Takata filed documents with the U.S. government adding 2.7 million vehicles to the...

‘Hindcasting’ Study Investigates Extreme 2013 Colorado Flood

Jul 25, 2017 In September 2013, severe storms struck Colorado with prolonged, heavy rainfall, resulting in at least nine deaths, 1,800 evacuations and 900 homes destroyed or damaged....

Family of Missing Florida Teen Fisherman Sues Other Boy’s Family

Jul 25, 2017 The mother of a teenager who disappeared with his friend while boating in the Atlantic Ocean filed suit Friday against the other boy’s parents and...

Property Casualty 360

Washington state moves to outlaw distracted driving

Jul 25, 2017 Washington State just enacted the E-DUI, a ticket for drivers who use a hand-held cell phone while driving.

Berkshire in talks to buy a stake in Latin America’s biggest reinsurer

Jul 25, 2017 The acquisition could be made through Berkshire’s General Re unit.

Vote official: NAPSLO, AAMGA will merge to become WSIA

Jul 25, 2017 The members have spoken – the vote to create WSIA is now official.

Bare-bones insurance coverage leads to successful breach of contract lawsuit

Jul 25, 2017 Despite recent decisions by the U.S. Supreme Court, it still appears possible to have a relatively bare-bones...

Best's Reviews

Ironshore Expands IronServe COO Role to Ironshore International

Jul 25, 2017 Ironshore International has expanded the role of IronServe Inc. Chief Operations Officer Krishnan Ethirajan to include COO of Ironshore...

In Asian Expansion, Aetna Acquires Bupa Thailand

Jul 25, 2017 In what it described as a significant move into the Asian market, international health care provider Aetna Inc. has acquired Bupa Thailand. Terms were not...

Markel Joins Lloyd’s Platform in India

Jul 25, 2017 Specialty insurer Markel International has the entered India market and has appointed Deepika Mathur to lead its business in the country. The company will be providing...

Everest Re Posts Strong Second-Quarter Net Gain on Higher Insurance, Reinsurance Revenue

Jul 25, 2017 Everest Re Group Ltd. reported a strong increase in second-quarter net income on lower losses and higher premiums income in...

Business Insurance

Extreme single incidents can create hostile work environment

Jul 25, 2017 A federal appeals court ruling that says even an isolated discriminatory act, if extreme, can...

Construction crane safety jumps to forefront after fatal incident

Jul 25, 2017 The construction industry is increasingly focused on crane safety after a collapsing crane killed a...

Storm Talas causes $44 million damage in Vietnam

Jul 25, 2017 Storm Talas, which struck Vietnam July 17, caused nearly $44 million worth of damage in the country.

Drought costs Italian farmers nearly $2.5 billion

Jul 25, 2017 Italian farmers said that almost two-third of the country's farmland has been affected by a prolonged drought, costing the local...