Bermuda’s ACE Limited announced the launch of an integrated communications campaign emphasizing the insurance company’s ability to provide global protection for its clients around the world. “The message is clear,” said the company; “ACE is one of the few companies …
London-based Benfield, the world’s third largest insurance intermediary, has decided to drop references to Benfield Grieg, its U.K. brand name and Benfield Blanch, as it is known in the U.S. following its acquisition of W.R. Blanch, and become just plain …
Zurich North America has completed the sale of its Mountbatten Surety Co. Inc. operation to Sealord, LLC, an investment group that includes members of Mountbatten’s senior management team. The sale will not affect Zurich’s surety business, Zurich North America Surety …
Rates for U.S. property insurance have begun to drop as insurers compromise to meet their target levels of premium growth. This was one of the main findings from a report published by Aon at this year’s RIMS (Risk and Insurance …
As the budget-dominated first year of a two-year Georgia legislative session winds down, a handful of insurance-related bills still remain to be settled, according to the National Association of Independent Insurers (NAII). “There have been several days of recess for …
The California Workers’ Compensation Institute (CWCI) has announced it will conduct a one-day case law seminar in May in San Francisco and Long Beach. The program will examine trends in case law in light of the recent passage of AB …
A former insurance agent was arrested by the Polk County Attorney’s Office and charged with five counts of felony. The County alleges that Roland L. Huff, Jr. of Urbandale engaged in a criminal enterprise by taking money with the intent …
The Florida Senate’s Banking & Insurance Committee gave its approval to no-fault legislation containing many reforms advocated by the American Insurance Association (AIA). The Motor Vehicle Insurance Affordability Act (SB 1202) addresses many of the problems with fraud, litigation and …
The California Insurance Department’s draft advisory notice regarding insurance companies use of claims databases and loss history in underwriting and rating has far-reaching implications, oversteps its boundaries and could dramatically increase insurance costs for consumers, according to the Association of …
A ruling by the U.S. Supreme Court today overturning a lower court’s ruling in State Farm Mutual Automobile Insurance Co. v. Curtis B. Campbell and Inez Preece Campbell is a victory for insurers and state regulation of insurance, according to …