Industry News

Claims Journal

Delta Issues Tougher Rules on Support Animals as In-Flight Incidents Surge

Jan 22, 2018 The day of the service duck and emotional support chicken on airlines may be drawing to a close. Delta Air Lines Inc. said Friday it will more thoroughly...

Wisconsin Study Finds Tree Stand Falls Result in Spinal Injury

Jan 22, 2018 Researchers in Wisconsin say that spinal injuries account for more than half of the injuries that occur to hunters after falling from a tree stand. A review of the...

Not Guilty Verdict in Quebec Train Disaster Trial

Jan 22, 2018 Three men charged in a criminal negligence trial stemming from a 2013 derailment that killed 47 people in the Canadian province of Quebec have all been found not guilty. The...

Auto Safety Agency Names 14 More Models in Takata Recall

Jan 22, 2018 U.S. safety regulators have released models from 14 different automakers that are being recalled to replace potentially deadly Takata airbag inflators. Documents posted...

Business Insurance

Storm Friederike causes up to $1 billion in insured losses

Jan 22, 2018 Insurance industry experts said that storm Friederike is likely to have caused up to €800 million ($980...

Cyber attack hits Chinese smartphone firm

Jan 22, 2018 China-based smartphone maker Shenzhen Oneplus Science & Technology Co. Ltd. said that a cyber attack hit the firm's website compromising the...

UK to fine company bosses for "lining own pockets"

Jan 22, 2018 Theresa May, U.K.'s prime minister, said that huge fines will be imposed on company bosses who put their workers'...

Best's Reviews

Best’s Market Segment Report: U.S. Commercial Automobile Sector Struggling to Keep Pace

Jan 22, 2018 The U.S. commercial automobile segment continues to have a negative impact on the property/casualty industry’s bottom-line...

A.M. BestTV: Record California Wildfire Season Puts Spotlight on Insurers

Jan 22, 2018 In this A.M.BestTV episode, A.M. Best Financial Analyst Lewis DeLosa and Industry Analyst Bobby Skrabal examine the impact of recent...

A.M. Best Comments on Credit Ratings of Protective Life Corporation and Its Subsidiaries Following Announced Transaction

Jan 19, 2018 A.M. Best has commented that the Credit Ratings of Protective Life Corporation (Protective...

A.M. Best Comments on Credit Ratings of Lincoln National Corporation and Its Subsidiaries Following Announced Transaction

Jan 19, 2018 A.M. Best has commented that the Credit Ratings of Lincoln National Corporation (Lincoln...

Insurance Journal

Man Charged with Generator Fraud in Connecticut after Superstorm Sandy

Jan 22, 2018 An Oregon man has been charged with stealing deposits Connecticut homeowners had made for generators after Superstorm Sandy. The Stamford Advocate reports...

Pennsylvania’s Altman Named to Leadership Position on Health Insurance with NAIC

Jan 22, 2018 Acting Pennsylvania Insurance Commissioner Jessica Altman will serve as vice chair of the Health Insurance and Managed Care Committee of the...

Delaware Sues Opioid Manufacturers, Distributors Over Epidemic

Jan 22, 2018 Delaware on Friday became the latest state to file a lawsuit accusing corporations of helping fuel the national opioid epidemic, suing a wide range of companies...

AIG to Acquire Bermuda Reinsurer Validus for $5.56B in Cash

Jan 22, 2018 American International Group Inc., emerging from years of retrenching after its near demise in the financial crisis, agreed to buy Bermuda reinsurer Validus...

Property Casualty 360

Small manufacturers: Think you’re not a target for cyber thieves? Think again.

Jan 22, 2018 Regardless of a company’s size, financial position, or focus, here are some steps manufacturers can take to...

Water claims jump in Florida, insurance regulator reports

Jan 22, 2018 The Florida Office of Insurance Regulation has issued a report indicating that water claims submitted to insurers of residential...

Emotional intelligence provides valuable insights for claims professionals

Jan 22, 2018 Millennial adjusters need to develop a variety of skill sets to excel in the claims field.

The top 10 states Americans moved to in 2017

Jan 22, 2018 United Van Lines’ 41st Annual National Movers Study identified the top 10 states Americans moved to in 2017.