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IBM has taken a step to reinforce its position in the insurance marketplace with the acquisition of Lombardi, a privately held software company based in Austin, Texas. Financial terms were not released.
New York insurance regulators said 113 State Farm policyholders, whom the company wanted to drop because their homes were on the coast, will be allowed to renew their coverage.
Two insurance trade groups are telling the Senate leadership that the current draft of health care reform legislation ignores the interests and needs of the current employer-based insurance system.
The Florida Office of Insurance Regulation (Office) has reached an agreement with State Farm Florida that will allow the insurer to remain a significant player in the Florida residential property insurance marketplace.
Florida's acrimonious battle with State Farm over its effort to leave the state's homeowners insurance market has ended with the company winning a 14.8 percent rate increase and permission to drop 125,000 policyholders.
The American Tort Reform Association has released its "Judicial Hellholes List" with South Florida including Miami-Dade County at the top of the rankings.
What, if any, ethical obligations do insurers and their agents have in communicating to clients their legislative positions and lobbying activities, asks NU Editor Sam Friedman in his blog today at www.NUSamSoapBox.com.
Lovells LLP, a firm with a large insurance practice, and Hogan & Hartson LLP, a Washington-based law firm said their respective partnerships have approved the merger of their international firms.
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