Industry News

Best's Reviews

A.M. Best Affirms Credit Ratings of Horace Mann Educators Corporation and Its Subsidiaries

May 23, 2018 A.M. Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and Long-Term Issuer Credit Ratings (Long-...

Observers Expect New EU Data Rules to Transform Insurance

May 23, 2018 The implementation of new data protection rules in the European Union will change relationships between organizations and their customers and provide new...

Tennessee Orders Two Unlicensed Providers to Halt Operations Over Alleged Fraudulent Insurance Sales

May 23, 2018 Tennessee’s Department of Commerce & Insurance has ordered two insurance providers to halt operations in...

Lloyd’s Gains Belgian Regulatory Approval for Brussels Office

May 23, 2018 Lloyd’s said it gained regulatory approval from Belgium for its new Brussels operation and will underwrite business in Europe from Brussels at the...

Business Insurance

Insurer not obligated to pay for attorney defense in overbilling case

May 23, 2018 Evanston Insurance Co. was not obligated to pay for the defense and...

Claims adjusters, data patterns unveil workers comp fraud

May 23, 2018 Fraud involving medical providers and pharmacies is a fast-growing segment of insurance criminal...

Court rules in favor of transgender student in bathroom case

May 23, 2018 A federal district court in Virginia on Tuesday refused to dismiss litigation...

Investors from outside insurance sector buying into insurtech: Report

May 23, 2018 Explosive growth in the insurtech sector is attracting interest from...

Insurance Journal

2 Killed, 11 Injured in Church Van Wreck in North Carolina

May 23, 2018 At least two people have died and 11 others were hurt in a wreck involving a church van in North Carolina. The wreck was reported about 5:30 p.m. Sunday near...

Texas School Shooter’s Father Believes Son Was Bullied

May 23, 2018 A 17-year-old student accused of fatally shooting 10 people at a Texas high school should be seen as a “victim” because he may have recently been bullied...

San Antonio Among Numerous Texas Cities With Drought Water Use Restrictions

May 23, 2018 Some South Texas cities have started restricting water usage due to dropping Edwards Aquifer levels amid drought conditions. The Edwards Aquifer...

Dean at University of Wisconsin Accused of Harassment Resurfaces at 2 Other Schools

May 23, 2018 A University of Wisconsin-Stevens Point official who handled sexual misconduct complaints and resigned when he was accused of sexually...

Claims Journal

Safety Agency Recommends Seat Belts, Automatic Brakes on School Buses

May 23, 2018 The National Transportation Safety Board on Tuesday recommended for the first time that all new school buses in the U.S. be equipped with lap and shoulder...

Nebraska Storm Chaser Follows His Dream

May 23, 2018 Photographer Ryan McGinnis admits he made a serious mistake May 29, 2008, by underestimating the risk while chasing a storm that spawned several Kearney, Neb., tornadoes. He wanted to get...

European Data Privacy – What’s Changing Under New Data Privacy Rules

May 23, 2018 Europe’s new data and privacy rules take effect this Friday, clarifying individual rights to the personal data collected by companies around the...

New Analysis Compares 22 Named Storms With Their Future Selves

May 23, 2018 Scientists have published a detailed analysis of how 22 recent hurricanes would change if they instead formed near the end of this century. While each storm’s...

Property Casualty 360

Tackling the U.S. flood insurance challenge

Feb 28, 2018 Flood risk is one of the most severe natural hazards in the United States, yet one of the least well-managed. Nearly all the risk is borne by one...

A monumental disaster

Feb 28, 2018 If insurers stopped taking statements — and written, signed ones are better than recorded — they will spend more defending lawsuits than they would settling owed claims.

Around the P&C insurance industry: Feb. 28, 2018

Feb 28, 2018 News from Ryan Specialty Group LLC, J.S. Held, RIMS and more.