The summer of 2013 has been another severe fire season for the United States, a trend that has insurance companies bracing for a new normal: higher rates of property damage as Americans move to wildfire-prone areas in ever greater numbers. …
Specialist lines underwriting agency CFC Underwriting has upgraded its management liability policy, ExecSurance ML. ExecSurance ML is a management liability policy designed specifically for the needs of the modern day small- and medium-sized businesses. Brokers and their clients can pick …
Meadowbrook Insurance Group Inc., the insurer whose rating was cut by A.M. Best Co. this month, took a provisional impairment of $115.4 million as of June 30 after a review tied to the downgrade. The figure could be revised, the …
The California Assembly Judiciary Committee gave thumbs up to a bill that would enable insureds to renew their policies electronically. The bill, which has the backing of the Association of California Insurance Companies, is Senate Bill 251. Authored by Senator …
University Park, Ill.-based insurance software provider Applied Systems Inc. has acquired Insurecom, a software and connectivity solutions company focused on the insurance industry in the United Kingdom. Under the deal announced on Wednesday Insurecom will operate as Applied Systems UK. …
First they needed blankets and generators. But before long, many of Superstorm Sandy’s bedraggled survivors also needed a lawyer. Thousands of people with damaged homes and businesses have sought help with legal headaches ranging from fights with building contractors to …
Surplus Line Association of California Executive Director Benjamin J. McKay was named to the Insurance Industry Charitable Foundation’s Western division board of directors. The IICF board is comprised of industry professionals with commitment to philanthropy. McKay joined SLA in 2012 …
New Jersey has received 488 requests so far for Superstorm Sandy-related claims mediation since the program’s launch in May, officials said Tuesday.Among these requests, 223 claims, so far, have been mediated, of which 68 percent have been settled in some …
Periodic flooding in Texas — one the most flood-prone states in the nation — cannot be firmly linked to climate change due to numerous dams and other man-made structures introduced over the years, according to a University of Iowa study. …
Authorities in Faulkner County, Ark., say it appears local burglars have been reading the obituaries and breaking into homes while the owners are away a funerals. A woman’s home in Conway was burglarized on Aug. 7 while she was attending …
