Industry News

Best's Reviews

Axa CEO: Property/Casualty Expansion on Track Despite ‘Abnormal’ Fourth-Quarter Losses

Feb 21, 2019 Even as “abnormal” fourth-quarter catastrophe losses hit its newly acquired commercial lines unit, Axa S.A. is optimistic the...

Bill Updating Florida Surplus Lines Regulation Passes State House Committee

Feb 21, 2019 A bill updating Florida’s regulation of surplus lines insurance has moved through a Florida state house committee. The house Banking...

AM Best Revises Outlooks to Positive for Somerset Reinsurance Ltd.

Feb 21, 2019 AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit...

AM Best Revises Issuer Credit Rating Outlook to Positive for Principal Financial Group, Inc. and Its Subsidiaries

Feb 21, 2019 AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Ratings (...

Insurance Journal

Lotter Joins Policy Administration Systems Provider, Instec, in Illinois

Feb 21, 2019 Naperville, Illinois-based Instec, a provider of policy administration systems to insurance program and specialty markets, has hired CJ Lotter as senior...

Florida Woman Arrested in $68K Hurricane Irma Scam

Feb 21, 2019 A Florida woman has been arrested for alleged unlicensed practice of public adjusting and grand theft related to Hurricane Irma, according to a statement from the Florida...

Houston Insurance Broker Launches Online Tool to Connect Agents, Customers

Feb 21, 2019 Houston-based insurance broker, Frank Medina, has launched Insurance Agent Near Me, an online tool that connects customers with reputable...

Officials: Up to 100 Pedicabs Destroyed in Austin Warehouse Fire

Feb 21, 2019 Austin officials say a warehouse fire wiped out one-fifth of the city’s pedicabs just weeks before the South by Southwest festival, one of the busiest...

Claims Journal

Website Lists Coaches Banned from U.S. Olympics

Feb 21, 2019 An advocacy group has published a first-of-its-kind comprehensive list of coaches banned from Olympic sports, creating a database of nearly 1,000 people no longer allowed to work...

Baltimore Sues Monsanto Over PCB Pollution

Feb 21, 2019 Baltimore has filed a lawsuit against the agrochemical giant Monsanto and two other companies, accusing them of polluting city waterways and stormwater. The legal effort focuses on PCBs,...

New York Gov. Cuomo Proposes Seat Belt Law for Back-Seat Passengers

Feb 21, 2019 New York Gov. Andrew Cuomo is proposing to extend the state’s seat belt law to require all passengers in the back seat to buckle up. Under current law, while...

New York City Wants to Halt Hairstyle Discrimination

Feb 21, 2019 New York City doesn’t want people to have their hairstyles held against them, and it unveiled novel guidelines this week against hairdo discrimination. The new legal...