Chubb & Son said it has appealed an order from Washington State Insurance Commissioner Mike Kreidler, who is looking to stop six Chubb subsidiaries from writing new
Chubb & Son said it has appealed an order from Washington State Insurance Commissioner Mike Kreidler, who is looking to stop six Chubb subsidiaries from writing new commercial insurance in the state for nine months.
A storm system near Cuba has strengthened into Tropical Storm Nicole, but the National Hurricane Center (NHC) has discontinued tropical storm warnings and watches for Florida.
"Tropical Depression Sixteen" has formed in the Caribbean Sea and is expected to hit Cuba Tuesday night as a tropical storm before moving toward Florida the following day, according to the National Hurricane Center (NHC).
The second named storm of the Atlantic Hurricane Season is expected to graze southern Florida before making landfall in Louisiana/Mississippi Sunday, according to catastrophe modeler Risk Management Services.
With the unavoidable expenses associated with litigation, claim professionals should be aware of what mechanisms their insureds have implemented with respect to e-discovery, especially in light of requirements mandated by the courts.
The May 16 hail event is the latest storm to batter Oklahoma this month. Golf ball-sized hail wreaked havoc on Oklahoma City's metro area, leaving behind splintered buildings and smashed windows.
The Mexican earthquake in early April with effects in California created a loss for insurers estimated at more than $300 million, according to reinsurance broker Aon Benfield.
Insurers have secured key changes in financial services reform legislation easing a proposed financial requirement for large firms and eliminating tighter regulation of financial product sales.