Industry News

Insurance Journal

Private School System in Hawaii Schools Agrees to Pay $80M to Abuse Victims

Feb 23, 2018 A private school system in Honolulu, Hawaii has agreed to pay $80 million to the victims of a doctor accused of sexually abusing students and other...

Hershey’s in Trademark Battles with California Marijuana Businesses

Feb 23, 2018 Cannabis businesses, beware: The Hershey Co. is on the warpath. Perhaps the most famous confectionery peddler in the world has a well-documented history of...

Damage Claim Filed in Washington Over Ex-Mayor Abuse Allegations

Feb 23, 2018 The former foster son of ex-Seattle Mayor Ed Murray has filed a claim for damages against the city, saying that last year it negligently failed to investigate his and...

CEO Says Swiss Re Open to Anchor Shareholder Following Softbank Inquiry

Feb 23, 2018 Swiss Re AG’s chief said the reinsurer would welcome an anchor investor after being approached by billionaire Masayoshi Son’s SoftBank...

Best's Reviews

Pacific Life Re Names New Head of Greater China

Feb 23, 2018 Pacific Life Re Ltd. has appointed Wesley Cui as head of Greater China and he will be based in the group’s Singapore office. Cui will be responsible for leading,...

A.M. Best Affirms Credit Ratings of Lumico Life Insurance Company

Feb 23, 2018 A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” of Lumico Life Insurance...

A.M. Best Affirms Credit Ratings of PASHA Insurance OJSC

Feb 23, 2018 A.M. Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of PASHA Insurance OJSC (PASHA Insurance...

A.M. Best Affirms Credit Ratings of iptiQ Life S.A.

Feb 23, 2018 A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” of iptiQ Life S.A. (Luxembourg) (iptiQ), the...

Claims Journal

Utilities Blame Climate Change to Avoid Fire Cost Liability

Feb 23, 2018 Across America, utility executives are getting grilled this earnings season about the consequences of tax reforms, slackening growth and possible mergers. In California,...

Driving Study: Male Teens Better Than Older Men, Sports Aid Skills

Feb 23, 2018 A UCLA study explored the relationship between new drivers’ skills and four factors. Instructors from a Los Angeles driving school rated students’...

Federal Food Safety Agency Recalls Chicken Salad Due to Salmonella Risk

Feb 23, 2018 The federal government issued a recall of chicken salad made by an Iowa processing company and distributed by Fareway Stores which has now sickened more than...

House Panel Supports Georgia Distracted Driving Bill

Feb 23, 2018 With Georgia having experienced a spike in both fatal crashes and auto insurance premiums, legislators advanced a proposal to make it illegal to hold a cellphone while driving...

Business Insurance

The BI Top 10

Feb 23, 2018 This week’s most popular stories include Lloyd’s of London gender pay gap revelations, a Ryan Specialty Group acquisition and more.

Property Casualty 360

Stepping back in time helps with insurance claims too

Feb 23, 2018 Insurance archaeology helps insurers unearth which entity is responsible for covering long-tail environmental claims.

People on the move in the P&C insurance industry: Feb. 23, 2018

Feb 23, 2018 News from HUB International of California, Brokerslink, Ed and more.

10 states with the worst drivers

Feb 23, 2018 Results from the nationwide CarInsuranceComparison.com annual study identify the worst drivers by state.

Insurers with EU clients face workflow challenges under GDPR

Feb 23, 2018 European homebuyers who insure their properties through U.S. companies could require those businesses to upgrade their data...