Industry News

Best's Reviews

Philippines Insurance Commissioner: Reforms Could See Entry of More Foreign Insurers

Sep 21, 2018 Ongoing regulatory reforms in the Philippines insurance sector will not only lead to further market consolidation, but may also...

A.M. Best Removes from Under Review and Affirms Credit Ratings of Certain Newly Acquired Members of AIG P/C US Insurance Group

Sep 21, 2018 A.M. Best has removed from under review with developing implications and affirmed the...

A.M. Best Affirms Credit Ratings of Oil Casualty Insurance, Ltd

Sep 21, 2018 A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Oil Casualty Insurance, Ltd...

A.M. Best Affirms Credit Ratings of Lloyd’s Syndicate 2010

Sep 21, 2018 A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” of Lloyd’s Syndicate 2010 (Syndicate...

Insurance Journal

LISI Partners Acquires Western Health Advantage in California

Sep 21, 2018 General agency LISI has acquired Western Health Advantage in Sacramento, Calif. WHA is a non-profit HMO that offers benefit plans for employer group health coverage....

Small Temblor Shakes Inland Southern California Area

Sep 21, 2018 Some inland Southern California communities received an early morning jolt from a minor earthquake, the U.S. Geological Survey confirmed. The USGS says the magnitude-3.4 tremor...

Elliott, Powell, Baden & Baker in Oregon Names Beelar Marketing Manager

Sep 21, 2018 Portland, Ore.-based Elliott, Powell, Baden & Baker Insurance agency has named Heather Beelar the firm’s marketing manager. The new position...

AIG to Acquire Program Manager Glatfelter Insurance Group

Sep 21, 2018 American International Group has agreed to acquire Glatfelter Insurance Group, a prominent specialty insurance broker and program manager headquartered in York,...

Claims Journal

Japan Government Focuses on Flying Car Project

Sep 21, 2018 Electric drones booked through smartphones pick people up from office rooftops, shortening travel time by hours, reducing the need for parking and clearing smog from the air....

UK Lawmakers Say ‘Wild West’ Cryptocurrencies Need Regulation

Sep 21, 2018 British lawmakers have backed calls for greater regulation of cryptocurrencies such as bitcoin in order to bring an element of control to a market that more...

Where to Call Home When Displaced by a Storm

Sep 21, 2018 As the pounding rains from Hurricane Florence finally ended, Lutrice Garcia left the shelter where she had spent several nights on a cot and tried to head home. But floodwaters from...

Mercury Insurance SIU Celebrates 40 Years of Crime Fighting

Sep 21, 2018 Mercury Insurance’s Special Investigations Unit (SIU), founded in 1978, is the company’s secret weapon against fraudulent insurance claims, which cost...

Business Insurance

Employers likely to prevail in LGBT cases at Supreme Court with Kennedy retirement

Jun 28, 2018 Employers will likely have an easier time combating claims of...

Validus recruits executive from XL

Jun 28, 2018 Validus Specialty Underwriting Services Inc. has recruited Bob Eells from XL Group to be senior vice president...

Lockton reports revenue increase

Jun 28, 2018 Lockton Cos. L.L.C. reported $1.57 billion in revenue for fiscal year 2018, a 9.9% increase over fiscal year 2017...