Catastrophes? Climate change? Terrorism? Are these the biggest insurance risks? Not according to insurance executives attending Standard & Poor’s Ratings Services insurance conference in New York, who poinnted to irresponsible competition as the single biggest risk impacting the insurance industry. …
A veteran who lost both arms in the war in Iraq is suing filmmaker Michael Moore for $85 million, alleging that Moore used snippets of a television interview without his permission to falsely portray him as anti-war in “Fahrenheit 9/11.” …
Maryland, seeking to address the higher costs of insurance for urban drivers, recently passed legislation to require insurers to regularly review their rating territories and streamline the process for protesting rates. But some other recommendations of a recent urban insurance …
News Currents Insurers find the political and regulatory environment in New Hampshire favorable. “[I]t’s clear that in New Hampshire, we have a different marketplace than the other New England states. It’s a very positive environment here,” explains Michael Christiansen, president …
New York’s cell phone ban could clear the way for laws against anything that causes accidents, from having a pet in the car to drinking coffee, warns a lawyer fighting to have the ban declared unconstitutional. “This is a new …
News Currents Insurers find the political and regulatory environment in New Hampshire favorable. “[I]t’s clear that in New Hampshire, we have a different marketplace than the other New England states. It’s a very positive environment … here,” explains Michael Christiansen, …
HealthNow N.Y., Brokerage Concepts HealthNow New York Inc., parent company of BlueCross BlueShield of Western New York and BlueShield of Northeastern New York, is acquiring the business and operations of and Brokerage Concepts, Inc., a major benefits brokerage and administration …
Two more self-insured workers’ compensation groups in New York will close over the next several months, bringing the year’s tally to five, as officials continue to enforce stricter financial standards. The Retail & Wholesale Industry Worker Compensation Self-Insurance Trust, with …
InsurBanc, a financial services provider to the independent insurance agency community, announced that Scott A. Adamsons has joined the company as vice president of sales and business development. The Farmington, Conn.-based company has also hired Marie R. Rider to be …
N.J. pays premium Flood insurance is a particularly salient issue for my home state of New Jersey. Surrounded by the Delaware River to the west and the Hudson River and Atlantic Ocean to the east, New Jersey is especially prone …
