Florida’s attempt to lower the cost of personal injury protection (PIP) automobile coverage is making progress as insurers’ rates have declined due in part to lower losses and fewer fraudulent claims. The Florida Office of Insurance Regulation released an annual …
The National Weather Service is checking the damage from a weekend of rough weather in Alabama. Officials confirmed Monday that a weak tornado touched down in west Alabama in Hamilton on Saturday evening. A twister with 85 mph winds damaged …
David R. Finkelstein has joined insurance wholesaler, Russell Bond & Co., as vice president of distribution and programs. Based in the Chicago area, Finkelstein will be responsible for management and expansion the existing business development efforts, as well as several …
Arthur J. Gallagher Risk Management Services Inc., the U.S. retail property/casualty brokerage division of Arthur J. Gallagher & Co. has hired Steve Kluting in its Grand Rapids, Mich., office. In his new role as area vice president for Gallagher’s food …
Giant search engine Google, which already offers auto insurance online in the United Kingdom, could soon be selling auto insurance online in the U.S. Google Compare Auto Insurance Services Inc., its online auto insurance shopper, has been licensed to sell …
The Republican-led U.S. House of Representatives voted on Thursday to ease Obamacare’s health insurance requirements for employers by approving the first of an expected series of bills aimed at weakening the overall healthcare reform law. Only 12 Democrats broke with …
The U.K. government is one step ahead of hackers trying to turn off the country’s lights — for now. The prospect of cyber-attacks on the nation’s power network is major threat to the country’s security, according to James Arbuthnot, a …
Partner Reinsurance Asia Pte. Ltd., a wholly owned subsidiary of PartnerRe Ltd., has been licensed by the Monetary Authority of Singapore to operate as a non-life and life reinsurer, capitalized in Singapore, according to an announcement from PartnerRe. As of …
Vehicles that drive themselves on the freeway or take over in traffic jams may be on the road in large numbers by 2017 and autonomous cars might create a $42 billion market for the technology by 2025, Boston Consulting Group …
The Bermuda-based Catlin Group has published its acceptance of terms upon which XL Group plc will acquire Catlin in a “cash and share acquisition of the entire issued and to be issued share capital of Catlin by XL.” The announcement …
