Calif. Homeowners Underinsurance Regs Take Effect, Despite Legal Challenges June 28, 2011 By Patricia-Anne Tom A series of new California homeowners regulations aimed at enhancing the standards and training for estimating the replacement value on...
U.S. Court Rejects $270M Tobacco Lawsuit Appeal June 27, 2011 The U.S. Supreme Court rejected an appeal by the major tobacco companies of a $270 million award for a Louisiana...
Insurer Investigators Donate $10K to Memorial Fund for Slain Louisiana Investigators June 27, 2011 The nation’s largest association of insurer fraud investigators has contributed $10,000 to a memorial fund honoring two Louisiana investigators who...
Bollinger Acquires New Jersey Agency, PCG June 27, 2011 Short Hills, N.J.-based insurance broker Bollinger Inc. has acquired the Cranford, N.J. agency, The Property and Casualty Group (PCG). Terms...
Bermuda Signs Tax Information Agreement with Indonesia June 27, 2011 Bermuda has signed a Tax Information Agreement, or TIEA, with the Republic of Indonesia at a ceremony in London on...
Ascot Syndicate 1414 Increases 2011 Capacity to $1.038 Billion June 27, 2011 Lloyd’s insurer Ascot Underwriting Ltd. announced that it has increased its capacity from £600 million [$958 million] to £650 million...
Liberty Int’l., Liberty Syndicates Combine for Mideast Terror Risks June 27, 2011 Liberty International Underwriters (LIU) and Liberty Syndicates have launched a joint initiative to provide war and terrorism insurance capacity for...
FERMA Elects New Board Members June 27, 2011 The Federation of European Risk Management Associations (FERMA) has elected three new board members who will serve from now until...
LulzSec Hackers Say Disbanding After Last Data Dump June 27, 2011 By Ben Berkowitz and Paritosh Bansal The Lulz Security group of rogue hackers announced it was disbanding Saturday with one last data dump, which included internal...