Industry News

Insurance Journal

California’s Plan for PG&E Bonds to Cover Fire Damages in Final Stages

Aug 20, 2018 California is finalizing the details of a plan that could let PG&E Corp. issue bonds to cover potential damages from wildfires that destroyed...

California Workers’ Compensation Bureau Submits Lower Pure Premium Filing

Aug 20, 2018 The Workers’ Compensation Insurance Rating Bureau of California on Monday submitted an advisory pure premium rate filing lower than last year’s...

Damage Reported in Mississippi City Hit by EF1 Tornado

Aug 20, 2018 The National Weather Service confirms a tornado hit the central Mississippi city of Madison. The agency, in a Twitter post Saturday, said a survey team confirmed Friday...

Washington Lawmaker Sues University, Investigator over Firing

Aug 20, 2018 Republican Rep. Matt Manweller is suing Central Washington University and the investigator it hired to look into allegations of inappropriate conduct. Manweller, a...

Best's Reviews

Chubb Establishes Asia-Pacific Major Accounts Division

Aug 20, 2018 Chubb Ltd. said it established a major accounts division in the Asia-Pacific region as “a dedicated premium service” encompassing underwriting, risk...

Asta-Managed Lloyd’s Syndicate 2525 Names London Market Claims Manager

Aug 20, 2018 DL Dale & Others, Syndicate 2525, has named Nick Ryan market claims manager at the specialist employers’ and third-party liability Lloyd’...

Safeco Executive: Company Invests in Systems That Enable Agency Personal Lines Acquisitions

Aug 20, 2018 Liberty Mutual subsidiary Safeco Insurance has invested in systems enabling it to acquire personal lines books written...

International General Insurance Sees First-Half Profit Fall as Premium Income Rises

Aug 20, 2018 International General Insurance Holdings Ltd. said first-half premiums rose 20% while profit fell on an increase in claims. The...

Claims Journal

Cancer-Stricken Texas Firefighters Often Denied Workers’ Comp

Aug 20, 2018 Many Texas cities are denying workers’ compensation to firefighters with cancer, according to union leaders and state lawmakers. Over the past six years,...

Study: Uber Impact on Virginia Drunk Driving Crash Rates Questioned

Aug 20, 2018 Brittany Young read Uber’s boast that “there’s a strong correlation between Uber’s presence in cities and a reduction on drunk driving,...

Church Group’s Opposition Surprises Advocates of Arkansas ‘Tort Reform’

Aug 20, 2018 So-called tort reform has been an easy sell in states controlled by Republicans, and backers of a lawsuit-limiting proposal on the ballot in Arkansas...

Taxpayers Foot Bill for Pennsylvania Politician’s Car Wrecks

Aug 20, 2018 A Pennsylvania state representative has had three car accidents in three years – with repairs and insurance claims covered by state taxpayers, records show. Rep....

Business Insurance

Employers likely to prevail in LGBT cases at Supreme Court with Kennedy retirement

Jun 28, 2018 Employers will likely have an easier time combating claims of...

Validus recruits executive from XL

Jun 28, 2018 Validus Specialty Underwriting Services Inc. has recruited Bob Eells from XL Group to be senior vice president...

Lockton reports revenue increase

Jun 28, 2018 Lockton Cos. L.L.C. reported $1.57 billion in revenue for fiscal year 2018, a 9.9% increase over fiscal year 2017...