One of Florida’s major medical malpractice insurers is seeking state approval to be sold to an out-of-state insurance group with the initial price tag expected to total $365 million. The Florida Office of Insurance Regulation has scheduled a public hearing …
Property and casualty insurance Zurich announced its North America Commercial’s Accident & Health unit is now providing an alternative to Texas workers’ compensation coverage for employers who opt out of the system. Texas is the only state in the country …
The state Registry of Motor Vehicles says the number of drunken driving arrests has declined in Massachusetts in the past five years. The agency’s numbers show there were 14,834 OUI (operating under the influence) offenses last year, down from 17,804 …
The family of a Trumbull High School student is suing the town and the Board of Education after being struck in the head by a tennis ball in gym class. Krisen Sileio’s lawyer told the Connecticut Post the teen suffered …
State attorneys general are negotiating to give major banks wide immunity over irregularities in handling foreclosures, even as evidence has emerged that banks are continuing to file questionable documents. A coalition of all 50 states’ attorneys general has been negotiating …
The fourth time was the charm for shareholders suing the auditors of Shenzhen-based China Expert Technology. China Expert shareholders have been trying unsuccessfully to sue the company’s accounting firms for failing to detect an alleged $132 million fraud. U.S. District …
Travelers Cos. Inc. reported a second-quarter loss, missing analysts’ estimates by a huge margin as the property insurer suffered more than $1 billion in catastrophe losses from record-breaking tornadoes in April and May. Travelers warned in early June that it …
Ryan Specialty Group, LLC (RSG) introduces PER se (Power.Energy.Risk, ‘securing the environment’) – an MGU specializing in the energy and power sector, with a primary focus on renewable energy risks. PER se offers agents, brokers and their energy clients CAT …
Welcome to the magical mystery tour of Home State taxation and regulation under Nonadmitted Insurance and Reinsurance Reform Act of 2010 (NRRA). The NRRA went live at 12:01 a.m., July 21, 2011, in all time zones. You may have been …
Wells Fargo Insurance Services has named Yuan Zheng client services advisor for the company’s international benefits practice. He will be based in Chicago and report to Edward Cha, client services leader. In his role, Zheng will provide global consultation and …
