News

Besides preventing the risk of spreading flames, automatic sprinkler systems have an environmental benefit, according to research by an insurer and a charity group, which set a few fires to discover this.

The Senate has voted to limit debate on a multi-faceted bill including an extension of the National Flood Insurance Program through April 30, while talks continue on giving the program a longer life.

Spokesmen for several major insurers said their companies had begun the subrogation process against Toyota, but little detail concerning the process or scope was offered.

The Travelers Companies Inc. has joined the independent agents' Trusted Choice consumer branding program, becoming the 54th company to do so.

Aon Global Insurance Managers, the captive management division of Aon Corporation, announced the launch of its group captive solutions practice, which will provide risk financing alternatives to Aon's middle-market clients.

A measure in the New York legislature to stiffen the enforcement of distracted driving gained the support of a state insurance association today.