The Michigan Department of Insurance and Financial Services (DIFS) announced it has suspended the licenses of father and son insurance agents Ali Ali and Adnan Ali-Aljadri and their insurance agencies AAS and ASA for violating numerous provisions of the Michigan …
Northwest Savings Bank in Warren, Pennsylvania, announced the acquisition of B.J. Petruso Agency, a property/casualty and life insurance agency located in Meadville, Pennsylvania. Terms of the transaction were not disclosed. B.J. Petruso Agency offers personal and business insurance services for …
Citizens Property Insurance Corp. has reached settlement agreements with more than 1,650 Florida homeowners to end litigation on sinkhole repair cases that was delaying critical repairs to their properties. As of Dec. 15, 2014, Citizens had reached agreements with 1,669 …
The Department of Safety and Homeland Security and the Department of Transportation reported 961 traffic deaths in 2014 — 35 fewer than in 2013, when 995 fatalities were recorded. A joint statement from the agencies says the number is the …
The North Carolina Rate Bureau has filed for mobile homeowners insurance rate changes with the North Carolina Department of Insurance (NCDOI). The N.C. Rate Bureau has requested an average statewide decrease of 0.8 percent for the MH(C) form and an …
President Barack Obama signed into law on Monday a bill that renews for six years a terrorism risk insurance program created in response to the Sept. 11, 2001, attacks, the White House said. The program provides a federal insurance backstop …
Technology companies like Google Inc. and Apple Inc. remain the biggest targets of patent lawsuits even as the overall litigation totals dropped last year, according to a study released by Unified Patents. The number of patent lawsuits filed fell 17 …
MetLife Inc. said it will sue in federal court as part of Chief Executive Officer Steve Kandarian’s effort to overturn a finding that the insurer is systemically important. A complaint will be filed today in Washington to oppose the U.S. …
Impact Forecasting, Aon Benfield’s catastrophe model development team, has released its Annual Global Climate and Catastrophe Report, which evaluates the impact of the natural disaster events that occurred worldwide during 2014. The report concludes that 258 separate global natural disasters …
Last week’s terror attacks in Paris echoed the city’s bloody past in a way many today may overlook. Since the birth of modern France in 1789, the capital’s history has been almost as much one of trauma as of sophistication. …
