Pacific Ocean La Niña events that trigger droughts in the U.S. Southwest, floods in China and raise the chances for tropical systems in the western part of the basin, as well as in the Atlantic, will likely occur twice as …
AirAsia Bhd. Flight 8501 climbed to an unauthorized altitude fast and steep before the aircraft fell into the ocean, Indonesian investigators said in their first description of the last moments of the ill-fated plane. From a cruising altitude of 32,000 …
The first nine months of 2014 saw policyholders’ surplus for the U.S. property/casualty insurance industry reach record levels. At the same time, net income after taxes declined substantially and overall profitability took a noticeable dip. As well the annualized rate …
Super Bowl Sunday is among the most dangerous days to venture onto California roads as gatherings for the game at parties or restaurants prompt drivers to consume alcohol. More drinking-related crashes happen in California on the day of the National …
CNA Financial Corp. has named Chris Middleton business development leader in Los Angeles. Middleton is responsible for leading the execution of distribution management and sales initiatives. Middleton has more than 14 years of experience, including a period in business development …
United Insurance, an independent insurance agency headquartered in Falmouth, Maine, announced the acquisition of the Shiretown Agency in Farmington, Maine. Terms of the transaction were not disclosed. United Insurance has 16 Maine locations and one in Rochester, New Hampshire. The …
California Insurance Commissioner Dave Jones has approved a filing that will enable Uber drivers purchasing coverage through Metromile to add a new coverage endorsement to their personal auto policy. That endorsement will provide insurance coverage during the pre-match period when …
Delaware Insurance Commissioner Karen Weldin Stewart today announced the approval of the Delaware Compensation Rating Bureau’s (DCRB) workers’ compensation amended rate filing, resulting in overall average decreases of 9.7 percent in the residual market rate and 11.5 percent in the …
A decision this week from U.S Court of Appeals in Philadelphia provides good reason for directors to resign from poorly managed companies to avoid personal liability, even if someone else is making the mistakes. The case indirectly stands for the …
Property/casualty insurance professionals are being asked to predict not only the winner of the 2015 Super Bowl this Sunday but also whether certain scenarios are likely to occur. Such as whether Seattle Seahawks running back Marshawn Lynch’s total yardage in …
