News

Thirty-four-year-old Aaron Jones and his family seemed to have it all. That is, until it all went up in smoke and Jones was tried on felony convictions.

Zurich Financial Services Group said its subsidiary, Farmers Group has agreed in principle to a $545 million settlement of a class action lawsuit that had accused the insurance group of overcharging for fees paid by the Farmers Exchanges.

The National Risk Retention Association (NRRA) said it will push next year for federal legislation to allow for dispute resolution for risk retention groups facing state regulatory obstacles.

Insurance broker Brown & Brown Inc. said it has acquired New York-based Martin Benefits Consulting, LLC and Martin Human Resources, LLC.

A typical concern amongst insureds is that of home blazes, but N.C. residents in particular need not discount the potential perils of water, according to Travelers Insurance.

A three-judge panel in the First District Court of Appeals in Florida denied a request from the state's insurer of last resort to dismiss a lawsuit against it based on the belief the government entity is immune.