A sweeping global reform of tax systems is under way and will have profound implications for the insurance industry, the London-based International Underwriting Association has warned. Responding to public concerns about tax evasion, the G20 major economies have ordered a …
The article Global Tax System Reform to Profoundly Affect Insurance Industry: London’s IUA appeared first on Insurance Journal.
Officials for the Florida Department of Highway Safety and Motor Vehicles are re-examining some test questions as more Floridians are failing the revamped written driver’s license test. Three out of every five have flunked through the first six months of …
The article Revamped Florida Driving Test Resulting in High Number of Failures appeared first on Insurance Journal.
Police in Asheville, N.C., say a man involved in more than a dozen wrecks in three years is accused of deliberately causing the accidents and trying to collect insurance later. The Asheville Citizen-Times reports that warrants at the Buncombe County …
The article North Carolina Man Accused of Causing Over 12 Accidents for Insurance Money appeared first on Insurance Journal.
In Citizens’ 2016 rate proposal, approved last month by the Citizens Board of Directors and awaiting approval by the Florida Office of Insurance Regulation, the insurer of last resort did not recommend any sinkhole rate increases for 2016 for most …
The article Citizens to Hold Off on 2016 Sinkhole Rate Increases, For Now appeared first on Insurance Journal.
Federal safety officials have found that a Dallas-area steel fabricator has continued to put its workers in harm’s way, despite its awareness of hazards at its Farmers Branch facility. A recent federal inspection that found more than a dozen safety …
The article Dallas-Area Steel Fabricator Fined $189K for Workplace Hazards appeared first on Insurance Journal.
Amtrak recently reached a settlement with its primary insurers in a lawsuit in which the railroad operator sought to recoup additional proceeds for Superstorm Sandy losses from its insurers, according to court documents. Terms of the settlement were not disclosed …
The article Amtrak Settles With Primary Insurers in Sandy Lawsuit appeared first on Insurance Journal.
Willis Group Holdings plc announced an agreement to acquire PMI Health Group (PMIHG), an independent healthcare adviser and broker in the UK. Willis said the deal will significantly raise the company’s presence in the UK employee benefits and healthcare market, …
The article Willis to Acquire PMI Health Group, UK-Based Healthcare Adviser & Broker appeared first on Insurance Journal.
Dozens of parishes in the Twin Cities want the Archdiocese of St. Paul and Minneapolis to pay their costs for settling clergy abuse claims. About 120 parishes want the archdiocese to reimburse them for paying too much into church insurance …
The article Minnesota Parishes Want Archdiocese to Pay Abuse Defense Costs appeared first on Insurance Journal.
Effective Oct. 1, Louisiana will withdraw from the Nonadmitted Insurance Multi-state Agreement (NIMA) and the NIMA-sponsored surplus lines clearinghouse, state insurance regulators announced. The state’s withdrawal from NIMA means it will no longer share surplus lines tax revenue with NIMA …
The article Louisiana to Withdraw from Multi-State Surplus Lines Clearinghouse appeared first on Insurance Journal.
A California water district has accepted Tom Selleck’s offer of more than $21,000 to settle a lawsuit that accused the actor of taking water he wasn’t entitled to for his 60-acre ranch. Directors of the Calleguas Municipal Water District in …
The article Water District in California Oks Actor Tom Selleck’s Settlement Offer appeared first on Insurance Journal.