A.M. Best has weighed into the ongoing debate over whether or not the ability of “foreign” reinsurers to avoid significant amounts of U.S. taxes by transferring reinsurance premiums paid to foreign affiliates by domestic insurers. In a proposed budget, released …
Georgia legislators have filed a flurry of bills aimed at forcing ridesharing companies such as Uber to conduct more rigorous background checks on their drivers and raise liability insurance minimums for passengers. Uber spokesman Taylor Bennett said Wednesday that the …
GEICO has opened a new local office in North Miami that will be headed by Gilbert Suarez and a team of five licensed agents at the location. Suarez and his staff, made up of agents Diana Suarez, Armando Amador, Milena …
Some sort of climate change regulation for the insurance industry could be just around the corner. Then again, it might not be. It’s a tossup in the eyes of Don Reed, a managing director in PricewaterhouseCoopers’ U.S. sustainable business solutions …
In the workers’ compensation space, not only have claim costs increased because of medical issues, but the landscape has also become much more complex. Along with the elevated incidence of fraud, economic fears, and a growing dependency on prescription drugs, …
Many Nevada employers will see a slight decrease in the premiums they pay for workers’ compensation insurance this year. Insurance Commissioner Scott J. Kipper approved a filing from the National Council on Compensation Insurance for an average decrease of 0.5 …
California Insurance Commissioner Dave Jones and state Sen. Ricardo Lara on Thursday urged Californians to make sure they are meeting their obligation to carry minimum liability insurance coverage on their vehicles and announced resources to help educate motorists and make …
Liberty International Underwriters (LIU), part of Liberty Mutual Insurance, has named Valoree Celona to its recently-created position of senior vice president of Medical Professional Liability Insurance. Based in LIU’s New York office, Celona will oversee LIU’s national medical malpractice underwriting …
Dovetail Insurance, a supplier of cloud-based insurance, is teaming up with MetLife Auto and Home to expand distribution of its MetLife Business Owners Policy (BOP) offering to seven additional states through its NetBOP Insurance Portal. Initially released in five states …
A federal lawsuit filed in April 2014 on behalf of 39 current or former Jackson, Miss. Police Department officers will be settled. That’s according to the attorney representing the plaintiffs. The Clarion-Ledger reports the Jackson City Council will pay $73,000 …
