October 27, 2011
The Massachusetts Association of Insurance Agents (MAIA) has agreed to a request from state lawmakers to withdraw the ballot initiative it filed in August to prohibit the use of credit scoring, education, and occupational data in auto insurance. From now …
October 27, 2011
The euro and stocks rallied on Thursday after European leaders struck a deal to provide debt relief for Greece, but analysts warned the plan would fail to halt the euro zone’s two-year-old debt crisis unless crucial details were resolved soon. …
October 27, 2011
The Association of British Insurers (ABI) has issued a bulletin advising “anyone who has suffered flood damage as a result of the heavy rain that has so far hit Northern Ireland, Wales and south-west England to contact their insurer as …
October 27, 2011
Consumers in the United States and Canada have sued Research in Motion for a days-long service outage on BlackBerry devices that rippled across the world earlier this month. The system-wide failure of the service had left tens of millions of …
October 27, 2011
Catastrophe modeling firm AIR Worldwide has issued a bulletin on the “torrential rainfall” that has “caused widespread disruption and damage on both sides of the Irish Sea.” The Dublin area has been the hardest hit. AIR said the “flooding was …
October 27, 2011
ACE Limited: Q3 2011 Q3 2010 Gross premiums written– $5.9 bn $5.0 bn 9 months – 2011 —- 2010 $15.967 bn – $14.946 bn Net premiums written – $4.343 bn $3.295 bn 9 months – 2011 2010 $11.742 bn $9.932 …
October 27, 2011
Insurance agencies are under pressure to quickly adopt new technologies in order to keep up with competitors, according to a newcomer to the insurance industry who is now positioned to help agencies do just that. Reid French, the new CEO …
October 26, 2011
The former security chief at a West Virginia coal mine where 29 miners died last year was convicted of two felonies Wednesday, the U.S. Attorney’s office said. Hughie Elbert Stover, 60, was convicted by a federal jury of making false …
October 26, 2011
The California Supreme Court on Wednesday rejected San Francisco’s petition for review on Wednesday of the First District Court of Appeal’s decision in the Ogilvie case. The First District’s decision supports a decision by the Workers’ Compensation Appeals Board that …
October 26, 2011
A longtime Tulsa, Okla., criminal defense attorney has pleaded guilty in Tulsa County District Court for his role in helping embezzle more than $1 million from clients, Attorney General Scott Pruitt said. Fred Schraeder, 61, entered a guilty plea to …