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EU Body Plans to Alter Motor Insurance Rules to Protect Accident Victims in Insolvent Insurer Situations

May 25, 2018 The European Commission, the executive arm of the European Union, has moved to amend the EU’s motor...

Aetna Files Counterclaim Over Second HIV Notice Privacy Breach

May 25, 2018 Aetna Inc. has filed a counterclaim against attorneys representing health plan members taking medication for human immunodeficiency virus, alleging...

Louisiana Lawmakers Kill State-Based Reinsurance Program Bill; Regulators Hoping for Congressional Action

May 25, 2018 Louisiana lawmakers have killed legislation that would have created a state-based health reinsurance...

A.M. Best Removes from Under Review with Negative Implications and Downgrades Credit Ratings of Friday Health Plans of Co., Inc.

May 25, 2018 A.M. Best has removed from under review with negative implications and downgraded...

Business Insurance

European insurers, reinsurers lead climate risk disclosure, mitigation

May 25, 2018 European insurers and reinsurers are leading the way on climate risk...

Property/casualty sector sees first-quarter gains: Morgan Stanley

May 25, 2018 A survey of property/casualty insurers, reinsurers and brokers showed strong...

Liberty Mutual off hook for pipe maker’s mitigation costs after fire

May 25, 2018 About $14 million in mitigation costs incurred by a pipe manufacturing...

Insurance Journal

Alberto, 2018’s First Named Storm, Heading for Florida, Southeast Coast

May 25, 2018 Meet Alberto, the first named storm of 2018. The sub-tropical storm off Mexico’s Yucatan Peninsula is expected to bring heavy rain to western Cuba...

Illinois Lawmakers Send Governor Bill Legalizing Industrial Hemp

May 25, 2018 The Illinois House has sent the governor a measure legalizing industrial hemp. The House voted 106-3 this week to allow hemp cultivation for commercial use. Hemp...

Oklahoma Earthquakes Lead to More Injection Well Shut Downs

May 25, 2018 The Oklahoma Corporation Commission’s Oil and Gas Division is directing some injection wells in north-central Oklahoma reduce injection volumes and others...

Michigan Legislators Decide Motorists Need 3-Foot Distance to Pass Bikes

May 25, 2018 Michigan drivers would have to allow 3 feet of clearance or a “safe passing distance” while going by a bike on the road as part of a...

Claims Journal

Survivors Continue to Mourn as Grenfell Tower Inquiry Begins in London

May 25, 2018 Survivors of a devastating high-rise fire in London wept Monday as relatives paid tribute to some of the 72 victims at the opening of an inquiry into...

People News: Aon, Farmers, Zurich NA

May 25, 2018 Aon Names CEO of Captive & Insurance Management Business Aon named John English chief executive officer, Aon Captive & Insurance Management effective June 1, 2018. English is...

ALI Approves Restatement of the Law, Liability Insurance

May 25, 2018 ALI members voted at The American Law Institute’s 2018 Annual Meeting to approve Restatement of the Law, Liability Insurance. The project reporters are Tom Baker of...

Officials Implement Policy Change After 2017 Georgia Bridge Collapse

May 25, 2018 The kind of materials that fed a fire below a metro Atlanta, Ga., highway overpass which collapsed last year will no longer be stored under state bridges,...

Property Casualty 360

Tackling the U.S. flood insurance challenge

Feb 28, 2018 Flood risk is one of the most severe natural hazards in the United States, yet one of the least well-managed. Nearly all the risk is borne by one...

A monumental disaster

Feb 28, 2018 If insurers stopped taking statements — and written, signed ones are better than recorded — they will spend more defending lawsuits than they would settling owed claims.

Around the P&C insurance industry: Feb. 28, 2018

Feb 28, 2018 News from Ryan Specialty Group LLC, J.S. Held, RIMS and more.