Homeowners in South Dakota’s largest city might soon get a break on their insurance bills. The Insurance Services Office that scores about 48,000 fire departments nationwide is upgrading Sioux Falls’ public protection grade to the second-best mark that a fire …
The article ISO Upgrades Sioux Falls, South Dakota Fire Protection Rating appeared first on Insurance Journal.
According to catastrophe modeling firm AIR Worldwide, Typhoon Soudelor is “the strongest tropical cyclone anywhere on earth thus far in 2015 based upon estimated wind speed.” The storm is continuing on its path for a direct hit on Taiwan AIR …
The article UPDATE: from AIR: Typhoon Soudelor Nears Taiwan as Season’s Strongest appeared first on Insurance Journal.
Six people involved in a mobile phone insurance scam in California have been sentenced on felony fraud charges after filing more than 1,300 claims for stolen and damaged phones totaling more than $500,000. The convicted scammers, including some Verizon Wireless …
The article 6 Sentenced in Large Cellphone Insurance Scam in California appeared first on Insurance Journal.
Munich Re, the world’s biggest reinsurer, raised its full-year profit target after net income beat analyst estimates on lower catastrophe claims. The shares rose. Net income rose to 1.07 billion euros [$1.14 billion] in the second quarter from 758 million …
The article Munich Re Q2 Net Income Rises to $1.14 Billion on Lower Catastrophe Claims appeared first on Insurance Journal.
The Texas Department of Insurance is accepting applications for the Texas Windstorm Insurance Association board of directors after the makeup of the board was changed by the 84th Legislature. The deadline for applications is August 15. Under Senate Bill 900, …
The article Deadline for Applying to Texas Windstorm Insurance Board Nears appeared first on Insurance Journal.
Zurich Insurance Group AG, the Swiss firm considering a bid for the U.K.’s RSA Insurance Group plc, reported profit that missed analysts estimates as earnings dropped 43 percent at the general insurance unit and it made a loss on unit-linked investments. Net income in …
The article Zurich Q2 Net Income Falls to $840M From $848M; CEO Weighs RSA Offer appeared first on Insurance Journal.
The Louisiana Department of Insurance is hosting an event to discuss the property/casualty insurance market as the state marks the 10 years that have passed since Hurricanes Katrina and Rita caused more than $28 billion in insurance losses in Louisiana. …
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Automatic Data Processing Inc., the payroll- processing giant, will offer companies a new way for their employees to select health benefits, challenging firms like Towers Watson & Co. and Marsh & McLennan Cos. ADP is introducing an online service known …
The article Payroll Firm ADP to Compete with Brokers in Offering Health Exchange appeared first on Insurance Journal.
Independent insurance broker Higginbotham, based in Fort Worth, and Commercial Global Insurance (CGI) are merging their operations in Friendswood, Texas. CGI is an independent broker in Deer Park, Texas. CGI will merge its five-person group into Higginbotham’s office in nearby Friendswood this month. Beginning in 2008, Higginbotham started a …
The article Higginbotham, Commercial Global Insurance Join Forces appeared first on Insurance Journal.
It’s been interesting to watch the growth of employment practices liability insurance (EPLI) during more than 25 years of working in the specialty insurance industry. Twenty years ago EPLI was rare in the United States and, even a decade ago, …
The article The Evolution of Employment Practices Liability Insurance appeared first on Insurance Journal.