Industry News

Insurance Journal

Car Sharing Lobbyists Battle Car Renting Lobbyists, Driving State Lawmakers Crazy

Apr 19, 2019 The bill that turned Illinois into the focal point of a bitter debate over car-sharing last year started as a proposal about what happens when...

Official ESG Evaluations from S&P Coming to Insurance Sector in Near Future

Apr 18, 2019 If you’re among those who regard “Environmental, social and governance” as just another in a long line of trendy buzz-phrases,...

Island Insurance in Hawaii Names Tanoue Vice President, General Counsel

Apr 18, 2019 Island Insurance Company Ltd. in Hawaii has named Michael Tanoue vice president and general counsel. In this Tanoue is responsible for strategic initiatives...

Oklahoma Prescription Drug ‘Step Therapy’ Bill Signed Into Law

Apr 18, 2019 A bill intended to protect patients from a harmful insurance practice known as ‘step therapy’ has been signed into law by Governor Kevin Stitt....

Best's Reviews

RLI Operations Chief: Company Taking Advantage of Industry Disruption

Apr 18, 2019 RLI Corp. is taking advantage of disruption within the industry to grow revenues, Chief Operating Officer Craig W. Kliethermes said. He said...

Florida Assignment of Benefits Bill to Go for Full Senate Vote

Apr 18, 2019 The Florida legislature inched closer to a final decision on its latest attempt to reform the state’s assignment of benefits law as a senate...

USAA Net Income Declines 5.4% Following ‘Devastating’ Cat Year

Apr 18, 2019 USAA net income declined last year as it paid nearly $16 billion in claims, according to the insurer’s annual report. Net income declined 5.4% in...

AM Best Withdraws Credit Ratings of CIBC Reinsurance Company Limited

Apr 18, 2019 AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” of CIBC Reinsurance Company...

Claims Journal

Climate Change: The Already Present, Next Great Risk to Munis

Apr 18, 2019 When Miami Beach borrowed $162 million from Wall Street this week, it wanted investors to know rising seas and extreme weather are a real risk to the city and that it...

Trauma for Cops After School Shootings is Largely Unstudied

Apr 18, 2019 About the photo: Members of a police SWAT team march to Columbine High School in Littleton, Colo., on April 20, 1999 as they prepare to do a final search of the school...

Watch the Birdie: Badminton Players at Risk for Eye Injuries

Apr 18, 2019 Badminton players may be at high risk for serious eye injuries, many of which can bring on permanent vision problems or blindness, according to a study of wounds...

Facebook’s Anti-Bias Vows May Not Kill Suit Against Advertisers

Apr 18, 2019 Facebook’s vow to block ads on its platform from being programmed to discriminate based on demographics ended a string of lawsuits against the social network...