Missouri insurance regulators announced a $1.2 million settlement agreement with nine AIG affiliated insurance companies after a market conduct examination into their handling of workers’ compensation insurance. During the course of the examination, the department alleged AIG insurance companies failed …
Barney & Barney Insurance Services LLC has named Knight Hinman as Bay Area sales director in its Northern California offices. Hinman is responsible for managing a team of 15 insurance and employee benefits professionals in the firm’s San Francisco and …
Two Indiana State Medical Association computer hard drives that have been stolen contain insurance information on 39,000 people, the doctors group said. One of its employees was transporting two archive backup hard drives to an offsite storage location when the …
RSA announced it has signed a contract with Amazon Web Services to use its cloud computing services across the group. The technology will initially be used to host a number of RSA and MORE TH>N websites and other digital services. …
The West Coast’s risk of ruin is even greater than we previously feared. According to the just-released Third Uniform California Earthquake Rupture Forecast, the likelihood that California could see an earthquake of 8.0 or more over the next 30 years …
Washington is getting a new task force focused on insurance regulation. The Bipartisan Policy Center (BPC) is launching the task force to assess the impact of the Dodd-Frank Wall Street Reform and Consumer Protection Act on insurance and to identify …
Munich Re, the world’s biggest reinsurer, will continue buying back shares as declining prices and lower investment income undermine earnings. Munich Re plans to repurchase an additional €1 billion ($1.056 billion) of its own shares before its 2016 shareholder meeting, …
A heads-up to New York, Baltimore, Houston and Miami: a new study suggests that these metropolitan areas and others will increase their exposure to floods even in the absence of climate change, according to researchers from Texas A&M University. Published …
Lloyd’s has opened a new specialist underwriting platform in Dubai to provide tailored risk solutions across the Middle East. This brings the number of Lloyd’s businesses trading in the Dubai International Financial Centre to nine – Amlin, Argo Re, Beazley, …
The former head of RSA Insurance Group plc’s Irish unit said an internal company report effectively accused him of being a bully, laying the ground for his departure. In a hearing at the Employment Appeals Tribunal in Tuesday on Dublin, …
