Markets
News & Analysis
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Tornadoes Rip Through North Texas, Causing Extensive Damage
Tornadoes late May 15 in north-central Texas damaged multiple homes, killing six people and injuring 100.
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North Texas Tornadoes Could Cost Insurers $250M
The estimate will likely change since the storm affected seven or eight counties and insurers continue to count claims.
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House Introduces Third TRIA-Extension Bill
A new bill extending the Terrorism Risk Insurance Act for 10 years has been introduced in the House.
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Chubb Takes Advantage of Recent Law; Will Write Surplus-Lines Business in Home State
Chubb has gained authority to write surplus-lines-insurance business in New Jersey, its own state--an apparent new trend.
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Heard at AAMGA: Rates Firming, but Slowly; Risks Returning to E&S
Burns & Wilcox CEO Alan Kaufman says the wholesale broker is writing more business, and insurance pricing is increasing, but...
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House Enters NFIP Rate-Hike Battle with Bill to Delay Some Reforms
Before going home for Memorial Day, Louisiana House members Thursday introduced legislation aimed at forestalling major increases in flood program...
More News
- House Enters NFIP Rate-Hike Battle with Bill to Delay Some Reforms
- Ohio Psychotherapist Bilked Workers’ Comp of $74,700; Settles Out of Court
- Texas Commissioner Kitzman Tells Staff Her Last Day is May 27
- Eqecat: Up to $5B in Insured Losses from Recent Tornado Activity
- NRDC: Insurers Running from Climate-Change Risks; Insurer Group Disputes Figures
- Oklahoma Tornado Preparedness Lauded by Some, Questioned by Others
- Heritage to Assume More Policies from Fla. Citizens
- AIG Eyes New Director with Regulatory Experience
- Under Pressure, Landrieu Again Seeks to Block NFIP Rate Increases
- Offshore Insurer Tax Debate Revived with Introduction of House, Senate Bills
- For Auto Insurers, a Good Website Attracts Business Even When Rates Are Higher
- Insurers, Officials Begin to Assess Damage from Oklahoma Tornado
- Oklahoma Tornado Damage Likely to Exceed Joplin, Commissioner Says
- Treasury Refuses to Give Timetable on Systemically Important Non-Bank Designations
- New Hampshire Gov Re-Appoints Sevigny as Insurance Commissioner
Blogs
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Citizens Taking 'Bold Yet Responsible' Depopulation Step
Citizens Property Insurance Corporation’s Board of Governors this week took a bold yet responsible step...
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Doesn't Matter How West Fertilizer Dangers Were Revealed
Will all the points regarding holes in insurance requirements, workplace safety, risk management, oversight, and...
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MBIA and BofA: Justice for All?
It’s one of the peculiar realities of business: two parties can spend years aiming for...
Resource Library
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Top Trends in Roof Risk Mitigation
Get an in-depth look at the progression of the roof problem, including a four-step path...
When Banks Won't Help, Oak Street Funding Will.
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Complimentary White Paper: What Makes a House a Home?
The restoration vendor is the first person on site after a disaster strikes a home...
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Events
17th Annual America’s Claims Event
When: June 19-21, 2013
Where: Austin, Texas
The ONLY industry event where senior managers, practitioners & experts involved with claims operations can get the insight they need to implement effective and tactical strategies for their claims handling process.
Commercial
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House Introduces Third TRIA-Extension Bill
A new bill extending the Terrorism Risk Insurance Act for 10 years has been introduced in the House.
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House Enters NFIP Rate-Hike Battle with Bill to Delay Some Reforms
Before going home for Memorial Day, Louisiana House members Thursday introduced legislation aimed at forestalling major increases in flood program...
E&S/Specialty
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House Introduces Third TRIA-Extension Bill
A new bill extending the Terrorism Risk Insurance Act for 10 years has been introduced in the House.
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Chubb Takes Advantage of Recent Law; Will Write Surplus-Lines Business in Home State
Chubb has gained authority to write surplus-lines-insurance business in New Jersey, its own state--an apparent new trend.
Litigation
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Wells Fargo, QBE Agree on $19.3M Force-Placed Settlement
Wells Fargo and QBE have agreed to settle a lawsuit dealing with force-placed insurance policies in Florida involving 24,000 borrowers....
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Appeals Court: Medicare Secondary Payer Act Doesn't Preempt State Law
Medicare does not preempt state workers compensation laws that establish rules dealing with the handling of medical claims, the 5th...
Personal
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North Texas Tornadoes Could Cost Insurers $250M
The estimate will likely change since the storm affected seven or eight counties and insurers continue to count claims.
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House Enters NFIP Rate-Hike Battle with Bill to Delay Some Reforms
Before going home for Memorial Day, Louisiana House members Thursday introduced legislation aimed at forestalling major increases in flood program...
Regulation/Legislation
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House Introduces Third TRIA-Extension Bill
A new bill extending the Terrorism Risk Insurance Act for 10 years has been introduced in the House.
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Chubb Takes Advantage of Recent Law; Will Write Surplus-Lines Business in Home State
Chubb has gained authority to write surplus-lines-insurance business in New Jersey, its own state--an apparent new trend.
Reinsurance
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Offshore Insurer Tax Debate Revived with Introduction of House, Senate Bills
The fault lines between domestic and offshore insurers again opened due to bills in the House and Senate of legislation...
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Emerging Markets Stoking Insurance Growth: Munich Re
Emerging markets will see the highest growth in premiums for insurance companies this year and next, while Europe lags, according...
Workers Compensation
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Ohio Psychotherapist Bilked Workers’ Comp of $74,700; Settles Out of Court
When a psychiatrist billed for a suspiciously high volume of counseling sessions, the Ohio BWC took a closer look.
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Overall U.S. Workers Comp Industry 'Encouraging': NCCI
Net written premiums in the U.S. workers compensation market increased 9 percent, the second straight year premiums increased, says NCCI....
