Farmers Insurance Group said it recently notified some 50 21st Century Insurance employees in Wilmington, Delaware, that their positions would be eliminated. The move comes as Los Angeles-based Farmers Insurance continues to phase out its auto insurance subsidiary 21st Century’s …
The Massachusetts Senate earlier this month passed a legislative amendment that would open up home insurers’ rate filings for public discussion. The amendment was proposed by Massachusetts State Senator Mike Barrett, D-Lexington. The lawmaker said the measure would benefit homeowners …
Pennsylvania Insurance Commissioner Teresa Miller announced that the state’s Insurance Department has created a new “one-stop shop” webpage to make information on private market flood insurance more accessible to Pennsylvania homeowners and renters. The new webpage is available by going …
A U.S. Army reservist from Tulsa asked to leave a gun range in eastern Oklahoma after identifying himself as a Muslim sued the owners Wednesday, the latest in a series of cases across the nation alleging anti-Islamic discrimination. The lawsuit …
San Diego, CA, February 19, 2016- Insurance Journal TV offers exclusive new video segments from Patricia Henry’s interview with Carrier Management. Chubb’s Patricia Henry: Staying on Top of Global Regulatory Developments A property/casualty insurance organization as big as Chubb has …
Massachusetts Attorney General Maura Healey said national mortgage lender and servicer HSBC has agreed to pay $4 million to resolve allegations involving force-placed insurance practices. The settlement resolves allegations that HSBC received commissions and other “kickbacks” relating to force-placed insurance …
RLI Insurance Company and its Executive Products Group have created a new business unit to offer cyber liability insurance. The Cyber Liability Insurance unit will offer protection for exposures arising from adverse cyber events including but not limited to data …
Standard & Poor’s Ratings Services has affirmed its ‘AA+’ financial strength and long-term counterparty credit ratings on Berkshire Hathaway Inc.’s (BRK) operating insurance subsidiaries. The ratings apply to National Indemnity Co., Government Employees Insurance Co., General Reinsurance Corp., all related …
Legislation that reaffirms the Oklahoma Corporation’s Commission’s authority to respond to emergencies involving oil and natural gas production in the state, including drilling-related earthquakes, has been approved by a state House committee. The House Rules Committee this week voted 10-0 …
Texas A&M University says it has reached a settlement agreement with the Indianapolis Colts in the school’s federal lawsuit it says was meant to protect its “12th Man” trademark from infringement. In a statement issued Wednesday, A&M officials said the …
