Valiant Insurance Group, Inc. announced that John N. DiBlanda has joined its U.S. property and casualty insurance operations as chief financial officer and chief operating officer. Prior to joining Valiant, DiBlanda served as CFO of Delos Insurance, where he was …
AIR Worldwide Corp. (AIR) is offering a new service to assess insurance-to-value (ITV) of U.S. residential property portfolios for reinsurance contract renewals. Available for insurers, reinsurers and brokers, the service estimates the replacement value of properties within a portfolio, which …
U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $1.125 billion for third-quarter property losses resulting from a total of six catastrophes in 11 states, according to preliminary analysis by ISO’s Property Claim Services (PCS) unit. PCS …
Stephen Haddrill, the Director General of the Association of British Insurers (ABI), reproached the UK Government for its failure to do more to protect the country from increased exposures to floods. Responding to the Government’s Comprehensive Spending Review (CSR) on …
Maryland’s largest medical malpractice insurer should return its entire $68.6 million dividend to the state, instead of the $32.5 million it has proposed as part of its exit from a subsidy program designed to lower doctor premiums, officials with the …
The Kentucky Office of Insurance is investigating reports that an unidentified company is selling health insurance in Kentucky without proper authorization. A flyer, which has been faxed to consumers in Kentucky, does not specify a company name but offers a …
The South Carolina Department of Insurance recently disapproved a request made by the National Council on Compensation Insurance to increase loss costs statewide by 23.7 percent. NCCI State Relations Executive, Amy Quinn, said the South Carolina department released its announcement …
Florida’s valued policy law means property insurance companies are only responsible for actual damages caused by perils that are specifically cited in the policy, the Florida Supreme Court has affirmed in a key decision. Plaintiffs in the case, who had …
Insurance companies have until Oct. 31 to review the discounts they offer for property insurance policies in Louisiana that don’t cover wind or have high hurricane deductibles, according to a bulletin issued by the Louisiana Department of Insurance. Department officials …
Study says Referendum 67 could cost $650 million With millions in campaign contributions and plenty of name-calling, trial lawyers and insurance companies in Washington are doing their best to spice up this fall’s otherwise ho-hum statewide vote. At issue is …
