Virginia

• Severe Weather Threatens U.S. East Coast with Possible Tornadoes

  By Colleen Jenkins, Reuters  |  June 13, 2013

  A severe storm system sweeping the U.S. East Coast on Thursday delayed flights and threatened to snarl work commutes a day after causing several tornadoes, damaging hail and high winds across the upper Midwest.

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  New and Pending Regulations To Impact Claims, Underwriting Procedures

  By Kathy Donovan  |  June 12, 2013

  With differing effective dates, insurers must review and implement state-specific changes to several underwriting and claims functions.

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  Tropical Storm Andrea Moves Quickly Up Atlantic Coast

  By Harriet McLeod, Reuters  |  June 7, 2013

  Tropical Storm Andrea moved briskly along the South Carolina coast on May 7, bringing drenching rains and threatening to spawn tornadoes as it churns up the Eastern Seaboard, U.S. forecasters said.

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  10 States at Greatest Risk of Storm Surge Damage

  By Hannah Bender, PropertyCasualty360.com  |  June 6, 2013

  Although hurricanes are usually associated with southern coastal states, hurricanes Irene and Sandy proved storm surge is also a big risk for other states.

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  Tropical Storm Andrea Kicks Off the Atlantic Hurricane Season

  By Chad Hemenway, PropertyCasualty360.com  |  June 6, 2013

  It took less than a week for the first storm of the 2013 Atlantic hurricane season to be named.

• The Suite Life

  By Robert Regis Hyle, PropertyCasualty360.com  |  June 1, 2013

  Once upon a time, the toughest technology decision an insurance carrier had to make was build vs. buy. As software matured—and IT resources dwindled—that decision became much easier. Today, though, the decision isn’t just which new software solution to buy, but whether your strategy should be to purchase a best-of-breed...

• House Introduces Third TRIA-Extension Bill

  By Arthur D. Postal, PropertyCasualty360.com  |  May 24, 2013

  A new bill extending the Terrorism Risk Insurance Act for 10 years has been introduced in the House.

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  For Core Solutions, Some Insurers Opt for the Suite Life

  By Robert Regis Hyle, PropertyCasualty360.com  |  May 21, 2013

  The decision isn’t just which new software solution to buy, but whether your strategy should be to purchase a best-of-breed solution or the increasingly popular software suite.

• National Flood Services to Acquire CSC’s Flood Insurance BPO Unit

  By Arthur D. Postal, PropertyCasualty360.com  |  May 16, 2013

  CSC, which handles NFIP-Direct for the Federal Emergency Management Agency has been acquired by the company which does most of the back-office work for 50 Write-Your-Own companies.

• Changes to Underwriting, Rather Than Pricing, May Be Sandy’s Legacy

  By Phil Gusman  |  May 1, 2013

  Superstorm Sandy may have put a dent in the insurance industry’s reversal of fortunes after a catastrophe-filled 2011, but commercial-property pricing may not increase as much as one might expect after the second-most damaging named storm to hit the U.S., a new report says.

• New Study Finds the Independent-Agency Generation Gap is a Chasm

  By Laura Mazzuca Toops, PropertyCasualty360.com  |  May 1, 2013

  How to manage the millennial generation in the workplace is stumping both baby boomers and Gen-Xers. But the generation gap is especially acute in the independent agent-broker (IAB) universe, where 84 percent of employees say there are real generational differences regarding work, and 72 percent agree that these differences pose challenges in...

• New Hires and Promotions at OneBeacon and Vertafore - Around the Industry

  By Staff Writer  |  April 23, 2013

  M&A activity at the Hilb Group and Atlas. The ACE Group, Ryan Specialty Group, MSO and K&K Insurance group unveil new programs.

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  NJ, NY Insurers Settle 93% of Superstorm Sandy Claims

  By Arthur D. Postal, PropertyCasualty360.com  |  April 22, 2013

  Superstorm Sandy is now the third costliest storm in U.S. history, the Insurance Information Institute says.

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  Senator Warner: Reauthorize TRIA for the Next Decade

  By Mark E. Ruquet, PropertyCasualty360.com  |  April 18, 2013

  Sen. Mark Warner says Congress should consider reauthorizing the Terrorism Risk and Insurance Act for 10 years or longer because it is in the long term economic interest of the nation.

• New Hires and Promotions at Allied World - Around the Industry

  By Staff Writer  |  April 12, 2013

  M&A activity at Keystone Insurers Group. American Modern Insurance Group, Hanover, Momentous and IronHealth launch new programs, and The Institutes releases new course information.

• Changes to Underwriting, Rather Than Pricing, May Be Sandy's Legacy

  By Phil Gusman, PropertyCasualty360.com  |  April 11, 2013

  Just as it altered the New Jersey shoreline, Superstorm Sandy has altered underwriting, but commercial-property pricing may not increase as much as one might expect.