September 8, 2017
The Workers’ Compensation Insurance Rating Bureau on Friday submitted an amended Jan. 1, 2018 pure premium rate filing to the California Department of Insurance. The amended filing was based on the WCIRB’s recent review of June 30 loss experience, which …
September 8, 2017
Columbus, Ohio-based State Auto Insurance Group (State Auto) is reviewing options for its excess and surplus (E&S) lines business, including a possible sale, the company said in an announcement. State Auto has a market valuation of about $981 million, according …
September 8, 2017
Motel 6 has agreed to pay $250,000 to settle a lawsuit alleging one of its properties in Los Angeles was a base for sex trafficking, drug dealers and gang members. City Attorney Mike Feuer told The Associated Press on Wednesday …
September 8, 2017
The California Legislature backed a measure this week that could require Wells Fargo to go to court with consumers who say they were harmed by the bank’s fake account scandal. The legislation would prohibit the San Francisco-based bank in some …
September 8, 2017
ICICI Lombard General Insurance Co Ltd’s initial public offering of shares opening next week aims to raise up to 57 billion rupees ($892 million), the latest listing in what is expected to be a record-setting year for India. India has …
September 8, 2017
Police and emergency workers filed suit on against French chemicals company Arkema SA, claiming it failed to take adequate steps to avoid a fire at its Crosby, Texas, plant after Hurricane Harvey. Seven police, fire and emergency medical technicians sued …
September 8, 2017
Greg Hagood didn’t have many details to work with on Thursday afternoon. Hurricane Irma wasn’t expected to make landfall in South Florida for another 64 hours. Projections for its path were all over the place, especially considering that a centimeter …
September 8, 2017
Before flames and smoke leaped into the sky over the Arkema chemical plant in Crosby, Texas, last week, Jolyn Masters was hunkered down at home on a Hurricane Harvey-flooded street a mile away. Then came a knock. A National Guard …
September 8, 2017
Beyond the bar and the palm-fringed pool, past the gold-leafed columns and floor-to-ceiling murals, workers at the grand Faena Hotel Miami Beach prepared for Hurricane Irma’s fury. Their unusual assignment: fortify the four layers of bullet-proof glass encasing a gilded, …
September 8, 2017
Hurricane Irma, one of the most powerful Atlantic storms in a century, drove toward Florida on Friday after lashing the Caribbean with devastating winds and torrential rain, killing 19 people and leaving a swathe of catastrophic destruction. Irma was about …