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California FAIR Getting High-Value Commercial Property Option, More Reporting Requirements

California’s FAIR Plan will have a new high-value commercial property with limits up to $20 million per building, an updated formula for determining levies following an extreme loss scenario and ...

Sat Jul 27, 2024 00:14
Cincinnati Financial CEO Calls Personal Lines Change Generational

A generational change is underway in personal lines, according to Cincinnati Financial Corp. President and Chief Executive Officer Steve Spray. Long a middle market personal lines writer, the ...

Sat Jul 27, 2024 00:14
Best's News: Migration to Cat-Prone Areas Adds to Insurers’ Performance Volatility

AM Best Associate Director David Blades and Senior Industry Analyst Christopher Graham highlight a new Best’s Market Segment Report that finds population migration to vulnerable areas is a key factor ...

Sat Jul 27, 2024 00:14
Feds Accuse National General of Forcing Policies on Already Covered Cars

National General Holdings Corp. and its subsidiaries, including National General Insurance Co., are facing a federal civil suit alleging the company force-placed collateral protection insurance on ...

Fri Jul 26, 2024 23:12
Senate Bill Recommends Criminal Penalties for ‘Rogue’ Agents Committing ACA Fraud

Health insurance agents caught providing false or fraudulent information on Affordable Care Act health plan enrollment forms could face criminal fines of up to $200,000 and as many as 10 years in ...

Fri Jul 26, 2024 22:12
UK Underwriters Back 'Landmark' Government Pension Review

The U.K. Treasury is touting a "landmark" pension review called a "big bang on growth" to boost investment and savings, said Rachel Reeves, chancellor of the exchequer. Reeves announced the ...

Fri Jul 26, 2024 22:12

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