Industry News

Best's Reviews

A.M. Best Revises Outlooks for Blue Cross Blue Shield of Michigan Mutual Insurance Company and Its Subsidiary

Sep 21, 2017 A.M. Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (...

A.M. Best Affirms Credit Ratings of Standard Insurance Company JSC

Sep 21, 2017 A.M. Best has affirmed the Financial Strength Rating of C++ (Marginal) and the Long-Term Issuer Credit Rating of “b+” of Standard Insurance Company...

Allstate Estimates $576 Million in Gross Catastrophe Losses From Hurricane Harvey

Sep 21, 2017 Allstate Corp. estimates gross, pretax catastrophe losses from Hurricane Harvey of $576 million, excluding homeowners flood....

A.M. Best Affirms Credit Ratings of PT Tugu Pratama Indonesia

Sep 21, 2017 A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of PT Tugu Pratama Indonesia (TPI...

Property Casualty 360

Boston could use the help of a zombie hurricane to avoid Maria

Sep 21, 2017 Hurricane Maria continued its thunderous roll northward as forecasters struggled to pin down a trajectory. Whether the storm...

Home, renters' insurance satisfaction to be tested as losses rise, J.D. Power reports

Sep 21, 2017 New JD Power U.S. Home Insurance Study reports on customers satisfaction with homeowners and renters...

3 steps to making the sale

Sep 21, 2017 Most sales have three distinct phases, but these techniques have to be taught, trained and managed.

Mobile homes — A unique insurance exposure

Sep 21, 2017 Many mobile homes were destroyed by the recent hurricanes, and they have specific coverage issues. Here are some things that agents and brokers need to know.

Insurance Journal

SEC Discloses It Was Hacked, Now Fears Hackers Used Data for Illicit Trading

Sep 21, 2017 Wall Street’s top regulator faced questions on Thursday about its defenses against cyber criminals after admitting hackers breached its...

Oregon’s Cellphone And Distracted Driving Law Brings Bigger Fines, Jail

Sep 21, 2017 Oregon drivers soon can be pulled over for not only texting and talking on their cellphones, but also for navigating, using social media and any other “...

Fire That Threatened 100 Homes in Nevada Began at Construction Site

Sep 21, 2017 Fire investigators say a blaze on the west edge of Reno, Nev. that threatened as many as 100 homes and destroyed two construction trailers started at a home...

Complaint from Whistleblower Targets California Utility Regulator

Sep 21, 2017 The former chief administrative law judge at California’s powerful utility regulator said this week she was fired for cooperating with investigators looking...

Business Insurance

Law firm launches blockchain consultancy

Sep 21, 2017 Clyde & Co has launched Clyde Code, a consultancy to advise insurers and clients in other sectors on issues related to...

Hannover Re, Talanx warn on profit after hurricanes, Mexico quake

Sep 21, 2017 (Reuters) — German reinsurer Hannover Re S.E. and its parent, Talanx A.G., warned on...

Caribbean Catastrophe Risk Insurance Facility payout surpasses $30 million

Sep 21, 2017 Cayman Islands-based Caribbean Catastrophe Risk Insurance Facility Segregated...

Heavy rains, flash floods cause $160 million of damage in Croatian county

Sep 21, 2017 Heavy rains and flash floods caused more than 1 billion Croatian kuna ($160...

Claims Journal

Opioid Crisis Spills Into Workplaces

Sep 21, 2017 At Philip Tulkoff’s food-processing plant in Baltimore, machines grind tough horseradish roots into puree. “If you put your arm in the wrong place,” the owner says, “and...

Predators Target NFL Concussion Victims Awaiting Settlement Money

Sep 21, 2017 Lawyers for former NFL players now eligible for payments under the league’s $1 billion concussion settlement said Tuesday they’ve found evidence that...

Massachusetts High Court Rules That Drunk Driving Tests Not Valid for Pot

Sep 21, 2017 Massachusetts’ highest court ruled Tuesday that field sobriety tests typically used in drunken-driving cases cannot be treated as conclusive evidence that...

Many Factors Affect Whether Hurricanes Linger or Fade Quickly

Sep 21, 2017 This hurricane season is showing how wild and varied storms’ life cycles can be. Most storms seem to be tracked for days while others appear to pop out of nowhere...