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The vast majority of claims – over 95,000 – relate to residential property.
NW Re Limited has agreed to pay Washington Insurance Dept. to settle charges for several years of unauthorized activity.
An insurance company did not act unreasonably by failing to accept a settlement offer from injured parties when the offer didn't include any deadline.
Regulators have agreed to continue to cooperate on supervising insurers if Britain leaves EU without a transition deal.
Mais will begin serving as the commissioner-designate on March 4.
A fresh dispute arises even after responsible parties agree to a settlement in the Deepwater Horizon oil spill case.
NYC Dept. of Transportation allegedly obtained millions by falsely claiming vehicles were damaged during Superstorm Sandy.
A new rule has been issued to implement provisions requiring regulated institutions to accept private flood insurance.
California disaster insurance would function like home insurance but for the state — allowing the state to pay a premium.
The agreement will enable non-life insurance companies to establish & operate branches in each country.
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Meyerowitz" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "The vast majority of claims – over 95,000 – relate to residential property.", "body": null }, { "uri": "/2019/03/19/costco-captive-insurer-pays-3-6-million-in-back-taxes-penalties-to-washington-insurance-department-414-151109/", "title": "Costco captive insurer pays $3.6 million in back taxes, penalties", "byline": "Steven A. Meyerowitz", "kicker": "News", "prettyDate": "March 19, 2019", "timeToRead": "2 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2019/03/fine-money-gavel-fotolia-1.jpg", "width": "616", "height": "372" }, "authors": [ { "webUrl": "/author/profile/steven-a-meyerowitz/", "name": "Steven A. Meyerowitz" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "NW Re Limited has agreed to pay Washington Insurance Dept. to settle charges for several years of unauthorized activity.", "body": null }, { "uri": "/2019/03/14/georgia-supreme-court-ruling-limits-insurer-bad-faith-risk-414-151279/", "title": "Georgia Supreme Court ruling limits insurer bad-faith risk", "byline": "Steven A. Meyerowitz", "kicker": "Analysis", "prettyDate": "March 14, 2019", "timeToRead": "6 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2019/03/judge-in-robes-reading-verdict-shutterstock1641062-crop-600x338.jpg", "width": "600", "height": "338" }, "authors": [ { "webUrl": "/author/profile/steven-a-meyerowitz/", "name": "Steven A. Meyerowitz" } ], "kickerNode": [ { "uri": "/analysis/", "sectionName": "Analysis" } ], "summary": "An insurance company did not act unreasonably by failing to accept a settlement offer from injured parties when the offer didn't include any deadline.", "body": null }, { "uri": "/2019/03/11/eu-and-uk-reach-agreement-over-no-deal-brexit-insurance-rules/", "title": "EU and UK reach agreement over no-deal Brexit insurance rules", "byline": "Steven A. Meyerowitz", "kicker": "News", "prettyDate": "March 11, 2019", "timeToRead": "4 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2019/03/brexit-arrows-shutterstock.jpg", "width": "616", "height": "372" }, "authors": [ { "webUrl": "/author/profile/steven-a-meyerowitz/", "name": "Steven A. Meyerowitz" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Regulators have agreed to continue to cooperate on supervising insurers if Britain leaves EU without a transition deal.", "body": null }, { "uri": "/2019/03/04/andrew-mais-selected-as-connecticut-insurance-commissioner/", "title": "Andrew Mais selected as Connecticut insurance commissioner", "byline": "Steven A. Meyerowitz", "kicker": "", "prettyDate": "March 04, 2019", "timeToRead": "3 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2019/03/connecticut-state-capitol-shutterstock.jpg", "width": "616", "height": "372" }, "authors": [ { "webUrl": "/author/profile/steven-a-meyerowitz/", "name": "Steven A. Meyerowitz" } ], "kickerNode": [], "summary": "Mais will begin serving as the commissioner-designate on March 4.", "body": null }, { "uri": "/2019/03/04/deepwater-horizon-defendants-drown-in-legal-fees/", "title": "Deepwater Horizon defendants drown in legal fees", "byline": "Steven A. Meyerowitz", "kicker": "Case Study", "prettyDate": "March 04, 2019", "timeToRead": "6 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2019/02/Deepwater-Horizon-Oil-Spill-2010-Bloomberg.jpg", "width": "620", "height": "372" }, "authors": [ { "webUrl": "/author/profile/steven-a-meyerowitz/", "name": "Steven A. Meyerowitz" } ], "kickerNode": [ { "uri": "/case-study/", "sectionName": "Case Study" } ], "summary": "A fresh dispute arises even after responsible parties agree to a settlement in the Deepwater Horizon oil spill case.", "body": null }, { "uri": "/2019/02/25/nyc-to-pay-5-3m-to-settle-charges-it-fraudulently-obtained-fema-funds/", "title": "NYC to pay $5.3M to settle charges it fraudulently obtained FEMA funds", "byline": "Steven A. Meyerowitz", "kicker": "News", "prettyDate": "February 25, 2019", "timeToRead": "6 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2019/02/superstorm-sandy-damaged-vehicles-NYC-bloomberg-m1117443.jpg", "width": "616", "height": "372" }, "authors": [ { "webUrl": "/author/profile/steven-a-meyerowitz/", "name": "Steven A. Meyerowitz" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "NYC Dept. of Transportation allegedly obtained millions by falsely claiming vehicles were damaged during Superstorm Sandy.", "body": null }, { "uri": "/2019/02/22/new-federal-rule-covers-private-flood-insurance/", "title": "New federal rule covers private flood insurance", "byline": "Steven A. Meyerowitz", "kicker": "News", "prettyDate": "February 22, 2019", "timeToRead": "2 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2019/02/harvey-businesses-flooded-DavidJPhillip-AP_17241644570665.jpg", "width": "616", "height": "372" }, "authors": [ { "webUrl": "/author/profile/steven-a-meyerowitz/", "name": "Steven A. Meyerowitz" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "A new rule has been issued to implement provisions requiring regulated institutions to accept private flood insurance.", "body": null }, { "uri": "/2019/02/21/calif-bill-would-authorize-state-officials-to-purchase-disaster-insurance/", "title": "Calif. bill would authorize state officials to purchase disaster insurance", "byline": "Steven A. Meyerowitz", "kicker": "News", "prettyDate": "February 21, 2019", "timeToRead": "3 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2019/02/fires-truck-101-ventura-JaeCHong-AP_17340238833883.jpg", "width": "616", "height": "372" }, "authors": [ { "webUrl": "/author/profile/steven-a-meyerowitz/", "name": "Steven A. Meyerowitz" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "California disaster insurance would function like home insurance but for the state — allowing the state to pay a premium.", "body": null }, { "uri": "/2019/02/21/switzerland-and-u-k-sign-brexit-related-insurance-agreement/", "title": "Switzerland and U.K. sign Brexit-related insurance agreement", "byline": "Steven A. Meyerowitz", "kicker": "News", "prettyDate": "February 21, 2019", "timeToRead": "3 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2019/02/brexit-arrows-shutterstock.jpg", "width": "616", "height": "372" }, "authors": [ { "webUrl": "/author/profile/steven-a-meyerowitz/", "name": "Steven A. Meyerowitz" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "The agreement will enable non-life insurance companies to establish & operate branches in each country.", "body": null } ] } }
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