Listening to a recording of ValuJet Flight 592’s last moments, investigator J.F. Joseph kept hearing sounds the pilots hadn’t talked about. “You could hear this noise clicking on and off like a pinball machine,” he said by phone from San …
Terrorism, security and political risk experts from Willis provided some broad observations about last week’s terror attacks in Paris and how insurance buyers are responding. “The tragic events in Paris are a continuation of a pattern that has been proliferating …
Cybervandalism, cyberterrorism, cyberwarfare. No matter what you call the recent attacks against Sony Pictures, we weren’t ready. And we won’t be ready until our nation — with the government and industry working together — takes action to defend itself. Cyber-attacks …
MetLife Inc. Chief Executive Officer Steve Kandarian, who is suing to reverse a U.S. finding that subjects the insurer to greater oversight, said his company’s performance in the financial crisis shows its ability to withstand turmoil. The insurer’s cost was …
ALTRU, LLC has introduced of a new miscellaneous professional liability insurance facility. The new program is an expansion on the partnership ALTRU began with Chicago Underwriting Group and Old Republic Insurance Co. in 2010 with non-profit management liability. The new …
Highway regulators have failed to act on more than 100 recommendations to improve truck safety at a time when fatalities have risen for four straight years, according to the U.S. National Transportation Safety Board. Priorities must change in 2015, with …
The Tennessee state agency charged with protecting the environment is suing the Tennessee Valley Authority (TVA) over its coal-burning power plant in Gallatin. The lawsuit, filed January 7 by the Tennessee Dept. of Environment and Conservation (TDEC), claims unlined storage …
Opportunity was a theme that came up often at the annual California Wholesaler Industry Days convention from Sunday through today in La Jolla, Calif. at Hilton Torrey Pines. The three-day conference organized by the California Wholesalers Insurance Association (CIWA) included …
The Michigan Department of Insurance and Financial Services (DIFS) has ordered Ray Coleman, Midwest Insurance Group and RPM Insurance Group (RPM) to cease and desist from selling, soliciting or negotiating insurance policies, regulators announced. According to the DIFS order, a …
A bill filed in the Texas Legislature for the 2015 session would clarify that insurance agents in the state have exclusive ownership of the expiration rights to property/casualty insurance policies they sell and place. HB 686 by Rep. Kenneth Sheets, …
