Industry News

Best's Reviews

AM Best Revises Issuer Credit Outlook to Stable for Nomad Insurance Company JSC

May 24, 2019 AM Best has revised the outlook to stable from negative for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the...

Executive Search Under Way as Lancaster Chief Financial Officer Plans 2020 Retirement

May 24, 2019 Lancashire Holdings Ltd. said Elaine Whelan will retire as chief financial officer of Lancashire Group and from other roles in...

Michigan Governor to Sign Auto Reform Bill Into Law

May 24, 2019 Michigan Democratic Gov. Gretchen Whitmer will sign into law a bill aiming to reform Michigan’s no-fault automobile insurance system. “After constructive...

Burrus Research CEO: Insurers Should Strive to Become ‘Positive’ Disruptors

May 24, 2019 Daniel Burrus, president and chief executive officer, Burrus Research, said the pace of change is accelerating so quickly that insurers...

Insurance Journal

Watchdog Report: North Carolina Delayed Spending Federal Hurricane Matthew Funds

May 24, 2019 Administrative mistakes and a lack of expertise caused delays in North Carolina’s spending of federal funds for Hurricane Matthew...

Recovery Begins in Missouri’s Capital After Tornado Sweeps Area

May 24, 2019 A tornado tore apart buildings in Missouri’s capital city as part of an outbreak of severe weather across the state overnight that left at least three...

Speedy Reactor Cleanups May Carry Both Risks and Rewards

May 24, 2019 Companies specializing in the handling of radioactive material are buying retired U.S. nuclear reactors from utilities and promising to clean them up and demolish them in...

Oklahoma’s Opioid Trial Against Drugmakers J&J, Teva Set to Begin

May 24, 2019 Gail Box vividly remembers the day in May 2011 when she first learned her 22-year-old son Austin, a University of Oklahoma linebacker, was abusing...

Claims Journal

Wet Spring delays California Crops, Snow Elsewhere in West

May 24, 2019 About the photo: A man with a child using a broom as a paddle canoe near an abandoned car on a flooded street Tuesday, Feb. 7, 2017 in Kentfield, Calif. Flash flood watches...

Unceasing Midwest Rains Add to Wettest 12 Months Ever for U.S.

May 24, 2019 The rain across the Midwest and Great Plains that’s closed refineries, flooded streets and snarled Mississippi River traffic shows no sign of abating, adding...

Atlantic Could Spawn 8 Hurricanes in 2019, U.S. Government Says

May 24, 2019 As many as eight hurricanes may form in the Atlantic in 2019, a “near normal” season following two years of storms that have left a trail of death and...

Senate Passes $19.1 Billion Relief Package for Natural Disasters

May 24, 2019 The Senate passed a $19.1 billion disaster-aid plan Thursday for areas hit by hurricanes, Midwest floods and California wildfires after lawmakers resolved months...