Industry News

Insurance Journal

13% Percent Increase in Fatal Crashes on Oregon Roads

Sep 25, 2018 The number of people killed in fatal crashes in Oregon has gone up by 13 percent from last year. The Oregonian/OregonLive reported that the total number of deaths on city...

Idaho’s High Court Considering Defamation by Inference Suit

Sep 25, 2018 The Idaho Supreme Court has heard arguments in a case that could determine whether individuals have the right to sue if they think someone implied, but didn’t...

Major Oil and Gas Firms Pledge to Cut Greenhouse Gases to Fight Climate Change

Sep 25, 2018 A group of the world’s top oil and gas companies pledged on Monday to slash emissions of a potent greenhouse gas by a fifth by 2025 in...

Majesco Appoints Elster as CEO; Mehta Becomes Chairman

Sep 25, 2018 Insurance software and consulting firm Majesco has appointed Adam Elster as chief executive officer, effective October 1, 2018. The company said that Ketan Mehta, Majesco...

Best's Reviews

PacifiCare to Take Legal Battle Over California Fair Claims Rules to State Supreme Court

Sep 25, 2018 PacifiCare Life and Health Insurance Co. will appeal to the California Supreme Court an appeals court decision upholding...

California Governor Signs Insurance Bills Aiding Survivors of Wildfires

Sep 25, 2018 California Gov. Jerry Brown has signed a series of bills to protect homeowners who lost property during the 2017 wildfires, including...

Best’s Special Report: Newer Technologies Finding Differing Levels of Acceptance in Insurance Industry, A.M. Best Survey Finds

Sep 25, 2018 The use of artificial intelligence, big data, Internet of Things, cloud computing and...

A.M. Best Associate Director to Join Panel on Evolving Bermuda Market Dynamics at Insurance Risk and Capital Conference

Sep 25, 2018 A.M. Best will participate in InsuranceERM’s Insurance Risk and Capital Bermuda conference,...

Claims Journal

Causes of California’s Worst Fires Often Go ‘Undetermined’

Sep 25, 2018 California officials quickly determined an arsonist started last month’s huge wildfire southeast of Los Angeles, and that two weeks earlier sparks from a vehicle...

Slower Winds Means Florence May Cost Private Insurers Less Due

Sep 25, 2018 Hurricane Florence is likely to end up costing insurers far less than initially feared. Before making landfall, the storm weakened significantly, largely sparing...

60 Buildings Deemed Unsafe in Tornado Stricken Iowa Town

Sep 25, 2018 City officials in central Iowa have designated about 60 structures as unsafe following a July tornado that damaged about 2,000 buildings. The properties in Marshalltown now...

Maryland Found Culpable in Player’s Death

Sep 25, 2018 An independent investigation into the death of University of Maryland football player Jordan McNair has determined that trainers on the scene did not follow proper procedures after he...

Business Insurance

Employers likely to prevail in LGBT cases at Supreme Court with Kennedy retirement

Jun 28, 2018 Employers will likely have an easier time combating claims of...

Validus recruits executive from XL

Jun 28, 2018 Validus Specialty Underwriting Services Inc. has recruited Bob Eells from XL Group to be senior vice president...

Lockton reports revenue increase

Jun 28, 2018 Lockton Cos. L.L.C. reported $1.57 billion in revenue for fiscal year 2018, a 9.9% increase over fiscal year 2017...