ANE (Agency Network Exchange LLC), a network of independently owned and operated insurance agencies, has added two New Jersey agencies to its network: Glenn Insurance Inc. with offices in Absecon and Vineland; and Mile Square Insurance Agency of Hoboken. Founded …
The New York Court of Appeals, the state’s highest court, ruled on two injury cases on April 2, examining whether the injuries in those cases fit within the scope of the state’s Labor Law 240, popularly known as the Scaffold …
Two more insurers have received approval to test the use of unmanned aerial vehicles (UAVs), or drones, for their business. The Federal Aviation Administration (FAA) has approved requests from USAA and American International Group (AIG). State Farm said last month …
The Chubb Corporation announced Tuesday that it estimates the impact of losses from catastrophes for the first quarter of 2015 to be approximately $250 million before tax ($0.69 per share after tax). The Warren, New Jersey-headquartered Chubb said catastrophe losses …
Support from leaders at the top of organizations is the key to improving the ethical climate in the insurance industry, according to a new survey of industry professionals. Punishing bad actors is one of the least effective strategies, the survey …
Florida may soon be the 28th state to adopt legislation that enables insurers to conduct all policyholder transactions over the internet. The State Legislature has passed House Bill 273, which allows policyholders to receive their insurance documents via email as …
Insurers based in the United Kingdom underwriting a material amount of European business should be monitoring the potential consequences of the United Kingdom exiting or renegotiating its position within the European Union (EU), according to an A.M. Best briefing. One …
It’s again the time of year when a mix of cool air from Canada, warm moist air from the Gulf of Mexico and a touch of energy off the Pacific can all wrap together to unleash storms across the U.S. …
The Canadian government would like to finalize specifications for a new version of the tank cars used to transport crude oil by rail by the end of this month, Canadian Transport Minister Lisa Raitt said on Tuesday. In the wake …
Catastrophe modeling firm RMS has issued a statement supporting the recently-announced plan by the city of Tokyo to halve expected earthquake casualties over the next ten years, urging other cities and countries to follow suit in setting specific, measurable disaster …
