Industry News

Insurance Journal

Lloyd’s Chief Operating Officer Khoury-Haq to Leave the Corporation

Nov 21, 2018 Lloyd’s of London announced that its chief operating officer, Shirine Khoury-Haq, has decided to leave the corporation, after nearly five years....

Mass. Appeals Court Rules Medical Device Manufacturer Illegally Fired Employee

Nov 21, 2018 A Massachusetts Appeals Court has ruled that Dielectrics, a Massachusetts-based medical device manufacturer, illegally fired Ileana Bermudez after she...

S.C. Department of Insurance Director Farmer Named President-Elect at NAIC

Nov 21, 2018 South Carolina Department of Insurance Director Ray Farmer was elected to the position of president-elect at the NAIC (National Association of...

UK Companies’ Role in Alleged Danske Money Laundering a ‘Disgrace’: Whistleblower

Nov 21, 2018 British company structures which hide the identity of their beneficiaries are a “disgrace,” the whistleblower who brought to...

Best's Reviews

A.M. Best Affirms Credit Ratings of European Mutual Association for Nuclear Insurance

Nov 21, 2018 A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of European...

Best’s Market Segment Report: Gibraltar Insurance Market Enjoys Solid Performance but Brexit Creates Uncertainty

Nov 21, 2018 Gibraltar’s insurance market has experienced significant development over the past decade, with new...

Texas Sunset Panel Calls on State Lawmakers to Fix TWIA Dilemma

Nov 20, 2018 A Texas Sunset Advisory Commission report recommends state lawmakers eliminate competing interests of the Texas Windstorm Insurance Association in...

Group1001 LLC to Acquire Lackawanna Insurance Group

Nov 20, 2018 Group1001 LLC said it will acquire 100% of Lackawanna Casualty Co. and its wholly owned subsidiaries, Lackawanna American Insurance Co. and Lackawanna National...

Claims Journal

New Rules Governs Moped Use in South Carolina

Nov 21, 2018 South Carolina’s new rules requiring moped drivers to have a license and register their vehicles are in effect. Mopeds are now considered motor vehicles and must be registered...

AAA: More Than 54M Americans to Travel for Thanksgiving, Most Since 2005

Nov 21, 2018 AAA projects 54.3 million Americans will journey 50 miles or more away from home this Thanksgiving, a 4.8 percent increase over last year. The 2018 holiday...

Business News: Navigators, Travelers, Engle Martin/vrs Adjusters

Nov 21, 2018 Navigators Stockholders Approve Merger with The Hartford The Navigators Group, Inc., announced at a special meeting of stockholders that stockholders approved...

Fires, Flooding, Record Cold Expected for Thanksgiving Holiday

Nov 21, 2018 Fires and flooding on the West Coast, record cold and gusty winds on the East Coast. Brace yourself for Thanksgiving week, 2018. Northern California could get as much...