January 14, 2015
Three executives charged in last January’s West Virginia chemical spill have pleaded not guilty in federal court. The pleas came a day after an FBI affidavit was unsealed, saying Freedom Industries knew about critical flaws at its Charleston plant more …
January 14, 2015
The Florida Office of Insurance Regulation has approved the removal of up to 93,000 personal residential policies and 500 commercial residential polices from Citizens Property Insurance Corp. as part of the state’s ongoing effort to reduce the number of policies …
January 14, 2015
San Diego, Calif.-based Barney & Barney Insurance Services LLC has named Steven Berk its new chief financial officer. Berk assumes CFO responsibilities from Hal Dunning, who has served as both CFO and Chief Operating Officer of Barney & Barney since …
January 14, 2015
President Barack Obama sought to rally Congress to pass stalled U.S. cybersecurity legislation, an effort that may face obstacles as tensions with key Republicans quickly began to surface. Obama announced Tuesday revised legislation that would give companies legal protections for …
January 14, 2015
Increasing competition and lower underwriting margins in the reinsurance market highlights the importance of disciplined underwriting, according to an A.M. Best briefing entitled “Global Reinsurers: Who Will Gain Despite All the Pain?” “The market is expected to remain challenging in …
January 14, 2015
San Diego, CA, January 14, 2015: Atlas General Insurance Services, LLC (Atlas General), a national multi-line program manager, is pleased to announce the opening of its workers’ compensation office in Texas to facilitate its expansion into the Lone Star State. …
January 14, 2015
Listening to a recording of ValuJet Flight 592’s last moments, investigator J.F. Joseph kept hearing sounds the pilots hadn’t talked about. “You could hear this noise clicking on and off like a pinball machine,” he said by phone from San …
January 14, 2015
Terrorism, security and political risk experts from Willis provided some broad observations about last week’s terror attacks in Paris and how insurance buyers are responding. “The tragic events in Paris are a continuation of a pattern that has been proliferating …
January 14, 2015
Cybervandalism, cyberterrorism, cyberwarfare. No matter what you call the recent attacks against Sony Pictures, we weren’t ready. And we won’t be ready until our nation — with the government and industry working together — takes action to defend itself. Cyber-attacks …
January 14, 2015
MetLife Inc. Chief Executive Officer Steve Kandarian, who is suing to reverse a U.S. finding that subjects the insurer to greater oversight, said his company’s performance in the financial crisis shows its ability to withstand turmoil. The insurer’s cost was …