January 13, 2016
Most American International Group Inc. investors believe that billionaire activist Carl Icahn is right that the insurer needs a new strategy, according to a Sanford C. Bernstein & Co. analyst who polled shareholders. In a survey of more than 100 …
January 13, 2016
Building on its expertise in technology, Israel is emerging as a leader in the race to keep cars secure and prevent the nightmare scenario of a hacker commandeering your vehicle. Most cars today are equipped with some level of connectivity …
January 12, 2016
Results of Mississippi’s Property Insurance Clarity Act Data Call are in and they confirm what insurance experts in the state say they already knew: insurers are not overcharging coastal residents in Mississippi. In fact, many Mississippi homeowner insurers are actually …
January 12, 2016
A Cowlitz County, Wash. judge has ordered insurers to pay the Port of Longview $2.45 million in attorney fees in an ongoing lawsuit over soil contamination. The Daily News reported that the order is the latest development in complex case …
January 12, 2016
According to a recent study, Wyoming is worst in the nation for response times for road emergencies. The Casper Star-Tribune reported that a national study by Auto Insurance Center using National Highway Traffic Safety Administration data concluded that the slow …
January 12, 2016
Editor’s note: To hear the full interview click on the podcast above or visit www.insuarncejournal.tv. Hilary Rowen, a partner in the law firm of Sedgwick LLP in Sacramento, Calif., for the last three years, has been analyzing and following the …
January 12, 2016
Worldwide Facilities has opened a new location in the South Bay area of Los Angeles, Calif. and has named Brian Vassallo senior vice president in the office. Vassallo will focus on providing service to clients and strengthening market relationships, as …
January 12, 2016
As he drank coffee at his job site in the mornings, demolition subcontractor Sean Benschop often talked with Borbor Davis, who worked at the adjacent Salvation Army in downtown Philadelphia. The men, both immigrants, asked where the other was from. …
January 12, 2016
SMP Consulting Group, a premium audit consulting firm based in Holbrook, New York, has appointed Edward Ragan as executive vice president of its aggregation/wholesale division, Specialty Markets Plus. Ragan has 35 years of experience in the insurance and reinsurance marketplace. …
January 12, 2016
Delaware Insurance Commissioner Karen Weldin Stewart announced she has fined Highmark Blue Cross Blue Shield Delaware $383,000 for violations, including failure to pay health insurance policyholder claims in a timely fashion. Regulators said that from September 2013 to September 2014, …