December 4, 2013
New Jersey’s Acting Attorney General John Hoffman announced that the South Korea’s insurance fraud regulator visited New Jersey Tuesday to learn about the successes of New Jersey’s Office of the Insurance Fraud Prosecutor in overhauling its anti-fraud efforts, and to …
December 4, 2013
The rate of injuries or illnesses at work has dropped in North Carolina. The North Carolina Department of Labor reported that fatalities dropped from 53 in 2011 to 35 in 2012. The rate of injuries or sickness dropped last year …
December 4, 2013
Applied Systems today released Applied Epic 2013 R2, the latest version of its agency and brokerage management system. Enhancements offered by Applied Epic 2013 R2 include greater integration with Applied CSR24 and Applied Rating Services. Other enhancements include expanded policy …
December 4, 2013
The quietest U.S. Atlantic hurricane season in decades will lead to a low double-digit fall in related catastrophe reinsurance pricing in the key 2014 renewals, according to experts at Fitch Ratings. The ratings agency said industry earnings in 2013 will …
December 4, 2013
Lennar Corp. said a Florida jury awarded it $1 billion in damages against a California developer, Nicolas Marsch III, who the homebuilder accused of defamation and conspiring with Barry Minkow to extort money from the company. “While collecting the award …
December 4, 2013
The deadly train derailment in New York City may force railroads to install automatic brakes by 2015 and dash industry efforts to put off adding the technology by five years. The Metro-North Railroad wreck may persuade Congress to reject legislation …
December 4, 2013
Art Basel Miami Beach, the largest U.S. art fair, will offer more than $3 billion of mostly postwar and contemporary works when it opens to a select group of collectors today, a 20 percent increase from two years ago. Held …
December 4, 2013
By the time climate change reduces crop yields or frequently floods New York City subways, it will be too late to avert damage without better forecasting tools, a panel of scientists said in a report released today. Dangerous rises in …
December 4, 2013
The U.K.’s largest insurance companies will invest £25 billion ($41 billion) in infrastructure, as the government prepares to update its plan for projects from energy and transport to communications. The government will today publish a refreshed version of its National …
December 4, 2013
Axa Konzern AG, the German unit of Paris-based Axa SA, plans to increase operating profit this year as it reduces costs and readies a new life insurance product for 2014. “Our cost-reduction program is proceeding according to plan, and we …