Industry News

Insurance Journal

Industry Representative Puts Fire Insurance Availability at Feet of Commissioner

Dec 06, 2019 California Insurance Commissioner Ricardo Lara will have to choose whether he wants insurers to charge higher rates or to stop writing homeowners...

Former Georgia Mayor Pleads Guilty to 30 Counts of Insurance Fraud

Dec 06, 2019 A former Georgia mayor pleaded guilty Tuesday to 30 counts of insurance fraud after stealing over $11,000 from victims who believed they were paying for...

Woman Sues North Carolina Nursing School for Harassment in ‘Time’s Up’ Case

Dec 06, 2019 A woman who says she was kicked out of a North Carolina nursing school a month before graduation in retaliation for accusing a supervisor of sexual...

Texas Woman, Man Convicted of Workers’ Comp Fraud in Separate Cases

Dec 06, 2019 Texas Mutual Insurance Co. reported that two Texans have been convicted of workers’ compensation fraud in two separate cases. The workers’...

Best's Reviews

AM Best Affirms Credit Ratings of Arab Reinsurance Company S.A.L.

Dec 06, 2019 AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of Arab Reinsurance Company S.A.L...

Chubb Names Three New Leaders to North America Commercial Insurance Division

Dec 06, 2019 Chubb Group has made several leadership changes in its North America commercial insurance division. Ben Rockwell, currently executive...

California FAIR Plan Disputes DOI’s Time Line, Expanded Coverage Order

Dec 06, 2019 California’s FAIR Plan said it can’t comply with the state insurance commissioner’s time line to expand lines of coverage and payment options...

Aon: Storms Across North America, Europe Top November Catastrophe Losses

Dec 06, 2019 Storms across the United States and Europe and brushfires in Australia led the list of November catastrophe events, said Broker Aon Ltd. “At...

Claims Journal

Second Evacuation Order Lifted in Texas City Hit by Explosion, Chemical Fire

Dec 06, 2019 HOUSTON — Authorities on Thursday lifted a second evacuation order in a week for thousands of people in a Texas city as U.S. safety officials...

Cave Explorer Dubbed ‘Pedo Guy’ Describes Hurt, Humiliation

Dec 06, 2019 LOS ANGELES — A British cave explorer who helped rescue a dozen boys and their soccer coach from a flooded Thailand cave last year testified Wednesday that Elon...

Viewpoint: The Wrong Way to Fight Porch Pirates

Dec 06, 2019 One consequence of America’s Cyber Monday shopping binge is the imminent arrival of $9.4 billion worth of merchandise on the nation’s doorsteps. And that will cue the...

Two Bayer Roundup Trials Postponed to Give Time for Talks

Dec 06, 2019 Bayer AG agreed to postpone two upcoming U.S. trials involving its Roundup weedkiller to allow time for mediation talks on a possible settlement with plaintiffs. The German...