November 29, 2018
The House and the Senate have approved a seven-day extension of the federal flood insurance program that keeps the program from lapsing Friday. That short extension will take the program to Dec. 7, the day by which Congress must pass …
November 29, 2018
California Insurance Commissioner Dave Jones on Thursday revealed he’s had some success with his 2018 Climate Risk Carbon Initiative Coal Divestment Follow-Up Survey. Jones said the results of the survey reflect an increase in the number of insurers that divested …
November 29, 2018
Starr Insurance Companies has formed an agreement with Safe Descents, Inc. to provide the an insurance program for rescue and evacuation for skiers and snowboarders in the United States. The policy, underwritten by Starr Indemnity & Liability Co. and sold …
November 29, 2018
Chicago-based global insurance broker Hub International Limited said it has received a “substantial minority investment” from funds managed by Altas Partners, an investment firm based in Toronto. Funds managed by Hellman & Friedman (H&F) remain the largest investor in Hub …
November 29, 2018
U.S. lawmakers are very close to reaching a consensus in days on the Farm Bill, two senior senators said on Wednesday, after months of bitter partisan debate over the legislation to fund $867 billion in food and agriculture programs. “We …
November 29, 2018
First the companies tapped the loan market. Not long after that, they came back for more. Corporations like Bausch Health Cos., a drugmaker, telecom provider Sprint Corp. and Applied Systems Inc., an insurance software provider, borrowed again this month after …
November 29, 2018
U.S. health officials said this week they plan to overhaul the nation’s decades-old system for approving most medical devices, which has long been criticized by experts for failing to catch problems with risky implants and medical instruments. The Food and …
November 29, 2018
Remember the scene in the 1989 movie When Harry Met Sally? During lunch with Harry at a deli, Sally very publicly fakes a wild orgasm. A nearby patron, when asked what she’d like to order, signals in Sally’s direction and …
November 29, 2018
The governor of Puerto Rico overhauled the U.S. territory’s insurance laws on Tuesday to help protect policyholders as thousands of claims remain unresolved more than a year after Hurricane Maria. Gov. Ricardo Rossello signed six laws into effect as he …
November 29, 2018
As wildfires raged this month in California, insurance claims experts at Travelers sat in a command center 3,000 miles (4,828 kilometers) away in Connecticut, monitoring screens showing satellite images, photos from airplane flyovers and social media posts describing what was …