Monthly Archives: <span>April 2018</span>

Supreme Court ‘Buckets of Money’ Case Targets Power of SEC’s Administrative Judges

The U.S. Supreme Court considered bolstering the president’s power over federal agencies in a clash over the constitutional status of the in-house judges who handle complaints at the Securities and Exchange Commission. The justices Monday heard an appeal from Raymond …

IBHS, Alabama Insurance Underwriting Association Partner on Roof Aging Farm

The Alabama Insurance Underwriting Association (AIUA) has partnered with the Insurance Institute for Business & Home Safety (IBHS) to develop a roof aging farm in Foley, Ala. This longer-term research project was designed to help determine how different roofing materials …

Missouri’s Midland Commerce Insurance Buys Dublin Insurance Agency

St. Louis, Missouri-based Midland Commerce Insurance has purchased Dublin Insurance Agency, a family owned and operated company that was founded in 1964 by Tom Mooney and later bought by owner Eileen Markham in 1988. Markham, along with her employees, will …

Finland and Estonia Pioneer with World’s First Hacker-Proof Digital Highway

In this age of social media leaks and foreign election hacking, the ability to transmit sensitive personal information securely across borders is more valuable than ever. Finland and Estonia, two of Europe’s most digitally advanced nations, are about to achieve …

Report from Sustainability Advocate Shows U.S. Insurers Lag Peers

While a small group of insurance companies is taking meaningful steps to acknowledge and respond to the business risks posed by a new operating reality posed by a changing climate, overall the sector’s performance lags behind its peers in several …

Insurers Broadening Architects, Engineers Liability Coverage: Survey

While the market for architects and engineers professional liability insurance remains intensely competitive, many insurers providing this coverage are weighing new policy enhancements that offer expanded protection. A new survey by insurance broker Ames & Gough finds some insurers are …

Why Coastal Living Is Becoming Affordable for Only the Rich

When Hurricane Irma reached Florida’s Big Pine Key in September, it caused the floor of Terry and Sharon Baron’s cream-colored mobile home to collapse. On Marathon Key, twenty miles north, the winds lifted Diane Gaffield’s mobile home off its concrete …

Pricing Insurance to Reflect Distracted Driving Risk

Insurance companies are finally putting a price on the risk of distracted driving, and it’s relatively cheap. Last year, a ticket for using a mobile phone while driving added $226 to the average insurance policy, an increase of 16 percent, …

AIA’s Chamberlain Joins HSBC Insurance as Global Head of Product and Actuarial

Alistair Chamberlain has joined HSBC Insurance as global head of Product and Actuarial. Chamberlain will lead the development and management of all products manufactured by HSBC, and oversee partner-sourced insurance products and services for the group. Chamberlain will also lead …

Medical Marijuana Users May be More at Risk for Non-Medical Drug Use: Study

Can medical marijuana help to fight the opioid epidemic? Many believe that it can. But a new study finds that people who use medical marijuana actually have higher rates of medical and non-medical prescription drug use—including pain relievers. The study …