The number of flood insurance policies sold in Iowa dropped 22 percent between 2011 and this year, but it’s hard to determine the reason for the decline. The Des Moines Register reported the number of policies fell to 13,872 at …
President Barack Obama has signed a disaster declaration for 11 Kansas counties hit hard by last month’s severe storms and flooding. The declaration means federal funding is now available for state and eligible local government and some nonprofit organizations. The …
New Mexico employers could see a decrease in their insurance costs for on-the-job injuries and deaths. The state Office of Superintendent of Insurance says a key factor in calculating individual employers’ workers’ compensation costs will drop by an average of …
Walnut Creek, Calif.-based Heffernan Insurance Brokers has named Barbara Kamm to its board of directors. Kamm is the former president and CEO of Technology Credit Union. Kamm has also served on the boards of Technology Credit Union, Tech Capital LLC, …
Stockton, Calif.-based Golden Bear Insurance Co. announced that its A.M. Best issuer credit rating has been upgraded from “A- VI” to “A- VII” (Excellent). “Our rating reaffirms the deep level of experience among the Golden Bear team in underwriting property …
Forget civility. Just hours after an appeal was dropped in James Woods’ $10 million defamation lawsuit against an anonymous individual who tweeted the actor was a “cocaine addict,” Woods expressed joy about what had occurred. “The slime who libeled me …
Insurers aren’t known for their aggressive pushback against overly meddlesome regulations. American insurance companies – like any massive industry – have a large lobbying presence. But they tend to tread carefully around regulators for the obvious reason that insurance officials …
The U.S. Food and Drug Administration is seeking to improve hospital reporting of injuries and deaths associated with medical devices after inspections at 17 hospitals revealed widespread under-reporting of such events. The FDA initiated the inspections following high-profile safety scandals …
E+S Rück, Hannover Re Group’s German subsidiary, expects to see premium growth in the German market for the upcoming treaty renewals on January 1, 2017. Along with motor insurance, growth will likely be driven in particular by homeowners’ comprehensive insurance, …
Erie Insurance, an Erie, Penn., based insurer, has announced several new executive leadership promotions. This move follows the company’s June 2016 announcement that Timothy G. NeCastro was named the firm’s next CEO. Lorianne Feltz has been named as executive vice …
