Florida automobile insurers are hoping a court lifts an injunction that has blocked portions of the state’s 2012 no-fault law from taking effect. Florida’s First District Court of Appeals recently heard oral arguments in the case [McCarty v. First DCA …
Birmingham, Alabama-based medical liability insurer ProAssurance Corp. will be the majority capital provider to the proposed new Syndicate 1729 at Lloyd’s of London. Its planned inception date is January 1, 2014. The company said Syndicate 1729 was granted approval in …
A high tech start-up is promising to raise the standard for determining “insurance to value” by giving property/casualty insurance companies and brokers access to real-time data on their upscale insureds’ property and possessions, making it easier for the industry to …
By Julie Appleby and Phil Galewitz Kaiser Health News Staff Writers Just days before new online health insurance markets are set to open, the Obama administration Wednesday released a look at average premiums, saying rates in most states are lower …
Bank of America Corp.’s Countrywide unit placed profits over quality in a “massive fraud” selling shoddy mortgages to Fannie Mae and Freddie Mac, a U.S. government lawyer said on Tuesday. The claim came at the start of the first case …
Aon Plc, the world’s second-biggest insurance broker by market value, named Eric Andersen head of the Aon Benfield reinsurance operation and Mike O’Connor to lead the Aon Risk Solutions unit. Both will report to Steve McGill, group president of Aon …
The 2013 Atlantic hurricane season is humbling forecasters by shaping up as the first in almost two decades without a major storm, confounding predictions that it would be more active than normal. It’s been two weeks since the season’s statistical …
Climate experts on a U.N. panel should focus more on shorter reports on specialist subjects such as extreme weather in a shift from sweeping overviews of the kind being prepared this week in Stockholm, many scientists and governments say. The …
According to catastrophe modeling firm AIR Worldwide, “at 7:29 a.m. Eastern time (4:29 p.m. local time), a magnitude 7.7 earthquake struck southern Pakistan. The epicenter was located 69 km (43 miles) north-northeast of Awaran in the province of Balochistan. The …
Aon Benfield has announced the following strategic executive appointments: Eric Andersen as CEO of Aon Benfield; Mike O’Connor as CEO of Aon Risk Solutions (ARS) and Bryon Ehrhart as CEO of Aon Benfield Americas “enhancing the firm’s ability to serve …
