Check out breaking insurance news from our companion site, PropertyCasualty360.com - where agents, brokers, insurers and claims professionals have access to news, research and data, product info, compliance and legal updates, technology developments, industry trends, and more.
Asbestos-related losses are not likely to create any severe capital shocks for property and casualty insurers, but those losses will continue to bleed through insurers earnings, and asbestos reserves may be deficient by as much as $9 billion as of year-end 2013, a new analysis says.
Arthur J. Gallagher & Co., the insurance broker expanding beyond the U.S. through acquisitions, sold about $821.8 million of shares in an equity offering to help fund its latest deal.
A proposal to expand San Francisco-based Uber to Hillsborough County is headed toward the Florida House floor after being narrowly approved by the House Economic Affairs Committee.
Car-booking services run by Uber Technologies Inc., Lyft Inc. and Side.Cr LLC are creating serious gaps in coverage for drivers, passengers and pedestrians, Californias insurance regulator said.
Congress plans to tackle reauthorization of the Terrorism Risk Insurance Act starting in early May with Senate Banking Committee action. Sources say the committee is looking at a 7-year extension with slightly higher deductibles.
Get Answers Directly From the FC&S Experts
Submit your coverage interpretation question to the editors of FC&S for quick and reliable information.
FC&S Coverage Insider helps you stay on top of what's happening in the industry, bringing you the latest risk and coverage analyses, discussions, and more.
