ACE Limited, which announced plans to acquire Chubb for $28 billion in July, has designated a post-merger leadership team for the North American insurance operations of the combined company. The North America leadership team to be formed after the merger …
New research says the land under the Chesapeake Bay region is sinking and projects that Washington, D.C., could drop by six or more inches in the next century — adding to the problems of sea-level rise. The research says the …
The Vermont Department of Financial Regulation announced on July 31 that the state regulators licensed 14 new captives during the first seven months of 2015, already nearing the full-year 2014 total of 16. The newly licensed captives include seven pure …
Car owners in Belleville, Ill., and eastern Missouri have filed a federal class-action lawsuit against Fiat Chrysler and a dashboard computer manufacturer after two hackers used a laptop computer to take control of a Jeep being driven on a St. …
A federal appeals court has ruled the Evansville Police Department in Indiana committed too many mistakes” to be shielded from liability in a lawsuit filed over a SWAT raid on her home in 2012. The 7th U.S. Circuit Court of …
Brent Olson has been named director of marketing and programs for St. Paul, Minn.-based CHS Insurance, a national agribusiness insurance broker and full-service insurance subsidiary of CHS Inc. In this role, Olson will oversee the overall marketing of proprietary programs …
By his own admission Progressive Insurance CEO Glenn Renwick (and his company) may not be right about the impact certain macro trends will have on the insurance industry, but in his view “it’s important to have some views.” Addressing an …
In a case that could test Nebraska’s strict cap on medical malpractice awards, a federal jury has awarded the family of a 2-year-old girl a whopping $17 million, finding that subpar care at Bellevue Medical Center caused her severe disability. …
The Federal Emergency Management Agency says it strongly encourages National Flood Insurance Program policyholders seeking Superstorm Sandy-related payment reviews to submit them by Sept. 15, but will consider all requests that come in. Agency spokesman Rafael Lemaitre said on Aug. …
The Florida Office of Insurance Regulation announced that it will conduct a public hearing later this month to discuss Citizens Property Insurance Corporation’s proposed 2016 rate changes for its business in the multi-peril and wind only Coastal Account (CA), Commercial …
