Industry News

Best's Reviews

A.M. Best Comments on Credit Ratings of The Education Benevolent Society Incorporated

Aug 17, 2018 A.M. Best has commented that the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of...

A.M. Best Downgrades and Withdraws Credit Ratings of Kanawha Insurance Company

Aug 16, 2018 A.M. Best has removed from under review with negative implications and downgraded the Financial Strength Rating to B (Fair) from B...

Prime Insurance Approved to Write Coverage in California

Aug 16, 2018 Prime Insurance Co. has been approved to offer surplus lines coverage in California. “We can offer coverage on all or part of a risk, and this gives...

Panel: Prospect of Federal Rules for Cyber Puts Pressure on Insurers, States

Aug 16, 2018 David Provost, deputy commissioner, Vermont; Sandy Bigglestone, director of captives, Vermont; and Brenda Stewart, senior account...

Insurance Journal

Acrimonious, Disruptive No-Deal Brexit Is Growing Risk, Warns Fitch

Aug 17, 2018 Ratings agency Fitch said on Thursday that it saw a growing risk of a bitter and economically damaging Brexit that could lead to a further downgrade of...

President Trump Urges U.S. Suit Against Opioid Manufacturers

Aug 17, 2018 President Donald Trump said Thursday he wants the U.S. government to sue pharmaceutical companies that manufacture opioids as part of his efforts to halt an...

Aon Names Wanat U.S. Commercial Lines Broking Chief

Aug 17, 2018 Global broker has appointed Brian Wanat as chief broking officer of U.S. Commercial Risk Solutions. In his new role, Wanat will have direct management responsibility for...

Broker Protean Risk Taps Marsh’s Sargeaunt as Director of Fintech, Payment Services

Aug 17, 2018 Protean Risk, the London-based specialist Lloyd’s broker for asset management, financial services and technology firms, has...

Claims Journal

Wildfires Have Burned 3 Times More of California to Date Than in 2017

Aug 17, 2018 California’s wildfires are now burning through land at a pace more than three times faster than last year’s blazes. About 4,200 fires have charred 726...

Western States Politicians Focus on Wildfire Risks at Lake Tahoe Summit

Aug 17, 2018 The large and deadly wildfires burning in California post a stark reminder of the risk that fires pose to the Lake Tahoe Basin, Nevada and California...

FEMA Denies Treating Puerto Rico Residents Differently

Aug 17, 2018 The Federal Emergency Management Agency says it didn’t handle housing vouchers for displaced residents of Puerto Rico any differently from those of displaced Texas...

Dog Bite Leads Southwest Air to Limit Emotional Support Animals to Dogs, Cats

Aug 17, 2018 Southwest Airlines Co. will limit customers to only one dog or cat as an emotional support animal, changing its policy after a biting incident on a...

Business Insurance

Understanding Both Sides of 3-D Printing

Jul 01, 2018 From product liability to cyber liability, 3-D printing brings new possibilities for costly claims. Understand the new risks and know how to...

Employers likely to prevail in LGBT cases at Supreme Court with Kennedy retirement

Jun 28, 2018 Employers will likely have an easier time combating claims of...

Validus recruits executive from XL

Jun 28, 2018 Validus Specialty Underwriting Services Inc. has recruited Bob Eells from XL Group to be senior vice president...