Prospect General Insurance Agency has expanded Flood Guard, an admitted residential flood insurance product, into Utah. Flood Guard is an alternative to the National Flood Insurance Program (NFIP). Through its rating algorithm and online platform, Flood Guard offers affordable coverage …
The Texas Division of Workers’ Compensation has hired Timothy P. Riley as the division’s new deputy commissioner of Compliance and Investigations. Riley most recently served as vice president of Special Investigations for Texas Mutual Insurance Co., the state’s largest provider …
Before Hurricane Irma made landfall in south Florida on Sunday morning, analysts were assessing the potential damage to property/casualty insurer and reinsurance balance sheets and earnings. On Friday, Fitch Ratings noted that if Irma were to produce insured losses greater …
Equifax Inc.’s insurance against cyber breaches is likely inadequate to cover the credit-reporting company’s costs tied to one of the biggest hacks in history, according to people familiar with the coverage. The company holds a policy that would probably cover …
Fully self-driving cars are set the hit the road within four years, but most Americans aren’t ready to buy them. The majority of U.S. consumers remain wary of the developing technology, with 55 percent of drivers surveyed by consultant AlixPartners …
As Hurricane Irma battered Florida on Sunday, the cream of the insurance world — gathered under the Mediterranean sun in Monte Carlo — was assessing the costs of the storm for the global industry. The takeaway so far: Irma and …
Hurricane Irma’s westward shift will probably inflict heightened damage on people and businesses unable to adjust to its new path in time, while the storm fuels floods that many insurance policies don’t cover. Along Florida’s west coast — now in …
Wells Fargo & Co. faces a new legal worry after a federal appeals court last Thursday revived a whistleblower lawsuit by two former employees who said they were fired for trying to report misconduct by lenders that the bank later …
Downgraded from a hurricane to a tropical storm, Irma flooded several northern Florida cities with heavy rain and a high storm surge on Monday as it headed out of the state after cutting power to millions and ripping roofs off …
At least 61 people died when the most powerful earthquake to hit Mexico in over eight decades tore through buildings and forced mass evacuations in the poor southern states of Oaxaca and Chiapas, triggering alerts as far away as Southeast …
