Industry News

Best's Reviews

Agents, Brokers Qualify for Pass-Through Federal Tax Deduction Under New Government Regulation

Jan 21, 2019 Independent agents and brokerages — organized as pass-through entities — are qualified to take a 20% tax deduction...

AM BestTV: Insurance Industry Honors Marsh & McLennan Companies CEO: ‘A Passion for Running to Problems and Solving Them’

Jan 21, 2019 In this episode of AM BestTV from the St. John’s University’s 24th annual Insurance...

Axa XL Completes EU Insurance Unit’s Transfer to Ireland From United Kingdom

Jan 21, 2019 Axa XL said it completed the transfer of its European Union insurance company, XL Insurance Co. SE from the United Kingdom to Dublin,...

UK’s Co-op to Sell Nonlife Insurance Arm to Markerstudy for £185 Million

Jan 21, 2019 U.K. consumer cooperative Co-op is to sell its insurance underwriting business, CIS General Insurance Ltd., to the Markerstudy Group of...

Insurance Journal

Corporate Culture, Cyber Risk Are Top of Mind for D&O Underwriters

Jan 21, 2019 Transparency and culture awareness were the key takeaways from a panel discussion on top directors and officers’ claims trends that took place at...

Insurance Agents Assured of Trump Pass-Through Tax Break Under Final Treasury Rule

Jan 18, 2019 The U.S. Department of the Treasury today issued final regulations and other guidance on a provision of the Tax Cuts and Jobs Act that allows...

Oklahoma Securities Agency’s Computer Files Breached, Firm Says

Jan 18, 2019 The Oklahoma agency that protects investors from fraud is investigating whether its data was breached after a cybersecurity research team discovered that a...

Former Farmers, AIG Direct, 21st Century Exec DeSantis Named President, CEO of The General

Jan 18, 2019 Nashville-based auto insurer The General has appointed veteran insurance executive Tony DeSantis to the new position of president and...

Claims Journal

Government Shutdown Stalls Wildfire Preparations

Jan 18, 2019 Just two months after a wildfire wiped out Paradise, California, officials are gearing up for this year’s fire season and fear the government shutdown could make it even more...

PG&E Bankruptcy Could Lead to Price Hikes, Unpaid Wildfire Lawsuits

Jan 18, 2019 Pacific Gas & Electric Co. said this week it will file for bankruptcy, raising concern that rates for electricity and gas will rise and victims of...

Business News: Tower MSA Partners, Berkley One, Method Insurance Services

Jan 18, 2019 Tower MSA Partners Launches Quarterly Webinar Series Tower MSA Partners is launching a free, quarterly webinar series to help payers become more...

Kansas Mother Settles Wrongful Death Police Shooting Suit for $2.3M

Jan 18, 2019 The mother of a suburban Kansas City teenager who was fatally shot by police as he backed a minivan out of his family’s garage has reached a $2.3 million...