Republican Billy Hewes III will be the new mayor of Gulfport. Hewes’ opponent, Democrat Billy Barnes, dropped out of the race last week, and Hewes is the only other candidate. The general election is June 4. Incumbent Mayor George Schloegel …
In an apparent first in Florida law, a state appeals court ruled this week that posting threats on one’s personal Facebook page can be prosecuted under state law. The 1st District Court of Appeal decided in a criminal case that …
A bill that would make it even harder to pursue medical malpractice claims in Florida has cleared a Senate panel. The Senate Judiciary committee voted up the bill (SB 7030) by a vote of 6-3 on Monday. It would require …
A West Virginia Senate committee advanced a bill this week that would likely increase car insurance premiums for drivers who can least afford it, but also expand liability coverage for the highest-risk drivers. The bill would raise the minimum amounts …
The U.S. Supreme Court on Tuesday ruled that a homeowner seeking to sue his insurer could not file suit in a state court considered friendly to plaintiffs. In a unanimous ruling that marks a setback for lawyers who file certain …
A.M. Best Asia-Pacific Limited has upgraded the financial strength rating to ‘A’ (Excellent) from ‘A-‘ (Excellent) and issuer credit rating to “a” from “a-” of Hong Kong’s Sun Hung Kai Properties Insurance Limited (SHKPI), both with stable outlooks. Best said …
ACE Insurance, part of the ACE Group of insurance and reinsurance companies, based in Singapore, recently released a report on Structuring Multinational Insurance Programs for the marine markets. The report was jointly written by Suresh Krishnan, General Counsel for ACE’s …
“Asia-Pacific will be the dominant driver of world insurance growth by 2020,” according to a study published by Munich Re’s Economic Research Department. The report forecasts that premium income for the insurance industry in the region “will double by 2020, …
The Federation of European Risk Management Associations (FERMA) is calling on the European Parliament to ensure that all insurance buyers are entitled to a minimum European standard of disclosure in the revised Insurance Mediation Directive (IMD2). FERMA’s bulletin said it …
Tennessee lawmakers have advanced a workers’ compensation reform bill that could change how injured workers’ claims disputes are handled. Governor Bill Haslam has been looking to reform the state’s workers compensation system for two years as part of his plan …
