Ohio’s widespread severe thunderstorms on July 10 that included flooding and three tornadoes caused between $71.5 and $84.8 million in insured losses, according to insurance industry estimates. Excessive rain during the previous two weeks combined with the high winds of …
Using Facebook Inc.’s “Like” feature to show support for a candidate in an election is speech protected under the U.S. Constitution, a federal appeals court said, handing a victory to the social networking company which argued such protection is vital …
Arthur J. Gallagher & Co. has acquired Belmont International, located in Kent, England. Terms of the transaction were not disclosed. Established in 1988, Belmont is a risk management advisor and insurance broker that provides both retail insurance and employee benefits …
A Washington County, Mississippi man has been charged with three counts of insurance fraud involving property claims. Attorney General Jim Hood said in a news release that 31-year-old Oliver Johnson of Greenville was being held in the county jail earlier …
A coalition of Florida business and consumer groups is objecting to the state-backed property insurer providing coverage for 180,000 individuals who reside outside of the state and, in some cases, the country. The Stronger Safer Florida Coalition has taken aim …
Research by Aon shows that more than 85 percent of insurers will no longer insure terror risk if the federal backstop goes away. The brokerage firm revealed the conclusion based on its “market intelligence” in a written comment to the …
Getting out on the open sea, wind in your hair, enjoying the ride with your family and friends. Then there’s the boat payments, storage fees, fuel, maintenance and repair — these costs can quickly sink the dream of boat ownership. …
The share of Americans who get health insurance through their jobs fell for the fourth straight year as aging baby boomers piled into the U.S. government’s Medicare plan and other adults sought coverage on their own. Medicare enrollment rose to …
Confie Seguros, a national group of personal lines insurance brokers, has agreed to acquire the retail distribution arm of Affirmative Insurance Holdings Inc., known as the Retail Agency Group. The Retail Agency Group operates 195 retail locations in Louisiana, Alabama, …
River floods top the list of risks posing dangers to more people than any other natural catastrophe, according to a new Swiss Re report, which “benchmarks” the natural catastrophe risks faced by 1.7 billion city-dwellers in 616 metropolitan centers around …
