Florida’s state-backed Citizens Property Insurance Corp. says the initial opening of its new web-based clearinghouse designed to make it easier for private insurers to write its policies has been promising, although the number of policies removed by insurers has been …
Grupo BTG Pactual SA, the Brazilian lender controlled by billionaire Andre Esteves, plans to start an insurance business in Chile, Peru, Colombia and Mexico. The first step will be to enter Chile’s annuity market, said Alejandro Montero, chief executive officer …
Allstate Corp. and Bank of America Corp.’s Countrywide unit have agreed to dismiss a lawsuit stemming from $700 million of toxic mortgage debt, according to a court filing on Tuesday. The parties “have agreed to dismissal of this action in …
A newly discovered bug in widely used Web encryption technology has made data on many of the world’s major websites vulnerable to theft by hackers in what experts say is one of the most serious security flaws uncovered in recent …
New York state’s top insurance regulator has sent subpoenas to four U.S. insurance companies as part of a probe of potential sanctions violations involving Iran, a person familiar with the matter said on Tuesday. The Department of Financial Services sent …
The U.S. Supreme Court left intact Iowa’s ban on corporate political donations, as the justices declined a chance to extend last week’s ruling striking down federal contribution limits. The justices, making no comment, today rejected an appeal by the Iowa …
The U.S. Supreme Court turned away an appeal from a New Mexico wedding photographer found to have violated a state anti-discrimination law when she refused to take pictures of a commitment ceremony for a same-sex couple. The photographer, Elaine Huguenin, …
A former utility worker who lost his hands when he was shocked by power lines can receive workers’ compensation, even though officials argued he tried to hurt himself to avoid a homicide investigation, the Mississippi Supreme Court has ruled. Lonnie …
Another player has entered the ranks of organizations that deliver a report relating to auto insurance in California every year. The “2014 California Car Insurance Landscape Report” released on Tuesday is the first of many regular reports to come from …
Novato, Calif.-based Fireman’s Fund Insurance Co. named Robyn Hahn its chief marketing officer. Hahn is responsible for developing and executing Fireman’s Fund’s marketing and communications strategy. Hann has 20 years of experience in the insurance industry. She has held several …
