The Maryland Insurance Administration issued a bulletin encouraging insurance companies and premium finance companies to accommodate consumers who were impacted by last weekend’s blizzard. Bulletin 16-05 (Re: Cancellations of Insurance Policies) was issued Tuesday to all property and casualty insurers, …
U.S. auto safety regulators said Tuesday that air bag maker Takata Corp. declared 5.1 million U.S. vehicles defective, as the company disclosed an 11th death could be linked to a faulty airbag. Most of the vehicles mentioned in numerous previous …
Just shy of two weeks after closing on their merger, ACE Ltd. and Chubb Corp. released financial results for their last quarter and year as separate entities. On January 14, 2016, ACE closed on its acquisition of Chubb Corp. creating …
Washington, D.C., Mayor Muriel Bowser says a snow emergency will remain in effect for the nation’s capital until 6:30 p.m. Wednesday. The emergency means parking isn’t allowed on snow emergency routes. Vehicles that park on those roads will be towed. …
After more than three days with life at a virtual standstill in the nation’s capital and elsewhere up and down the East Coast, the cities hit hard by a massive snowstorm were getting closer to their normal routines. In the …
A decision from the California Department of Insurance has workers’ compensation carrier Applied Underwriters and one of its companies on the defensive, and now a class action suit has been filed seeking to recover premiums paid by insureds to one …
It wasn’t quite like winning Powerball, yet the small West Virginia town of Glengary is getting a lot of attention for receiving the most snow from the recent storm: 42 inches. “Yeah, it’s cool. That’s about it,” said Robert Bragg, …
Narragansett Bay Insurance Company (NBIC), a Rhode Island-based specialty underwriter of homeowners insurance products and services in states along the Eastern Seaboard, announced that the company has been approved by the Connecticut Department of Insurance to write property/casualty insurance in …
JLT Specialty USA, a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), has appointed Perry Robinson as senior vice president. He is based in Houston. Robinson will assist JLT’s clients with identification, management and mitigation of complex risks in …
A man who played a dancing hamster in car commercials and was a backup dancer for Madonna, has pleaded no contest to single counts of insurance fraud and making a false statement. The Los Angeles County District Attorney’s Office says …
