September 21, 2017
Unemployment is the biggest risk for businesses globally, according to a World Economic Forum survey of business leaders published on Wednesday. The company executives put unemployment or underemployment as the top risk over the next 10 years, followed by fiscal …
September 21, 2017
Independent Agents Association Honors Northern California Livermore, CA, September 21, 2017 – At the recent BIG Independent Group Minivention held at the Wente Vineyards in Livermore, CA, the independent agents and brokers association honored some of the insurance industry’s brightest …
September 21, 2017
A Florida home has been partially swallowed up by a massive sinkhole. Orange County Fire Rescue spokeswoman Kat Kennedy says crews responded Tuesday morning, shortly after the Apopka house began sinking. She says the sinkhole measured about 20 feet across …
September 21, 2017
As homeowners continue to file insurance claims in the wake of Hurricanes Harvey and Irma, a research report released by the Rutgers Center for Risk and Responsibility at the Rutgers Law School in Camden, N.J., suggests many could find that …
September 21, 2017
AXA has talked to BNP Paribas and Natixis in its search for a partner for its fund management arm, aiming to build a business with at least 1 trillion euros ($1.2 trillion) of assets under management, sources familiar with the …
September 21, 2017
Allstate Corp.’s Chief Executive Officer Tom Wilson on Tuesday called on U.S. lawmakers to overhaul a government subsidized flood insurance program, calling for a more streamlined system that does not overburden taxpayers. Allstate, the second-largest U.S. homeowners’ insurer based on …
September 21, 2017
Insurance-industry groups said Wednesday that they oppose a Republican proposal to repeal and replace the Affordable Care Act, joining health-care providers in asking Senators to reject the bill. America’s Health Insurance Plans and the Blue Cross Blue Shield Association said …
September 21, 2017
Anthony L. Johnson, chief executive officer of First Light Program Managers, Inc. and James A. Butler, president of Piedmont Transportation Underwriters, Inc. of Winston-Salem, North Carolina announced an agreement for First Light Program Managers to acquire substantially all of Piedmont’s …
September 21, 2017
A West Virginia high school will close for the rest of the week after high levels of mold and carbon dioxide were found inside nearly a third of its buildings. News outlets report Capital High School in Charleston announced Monday …
September 21, 2017
Estimated insured losses for the insurance industry for Hurricane Irma range from $25 to $50 billion based on various loss estimates, according to a report from Fitch Ratings. The ratings agency said these losses will represent a substantial near-term earnings …