Industry News

Best's Reviews

AM BestTV: Rated Companies Should Prepare for Possible TRIPRA Shutdown, Says AM Best Senior Financial Analyst

Jun 17, 2019 In this AMBestTV episode, Edward Zonenberg, senior financial analyst, AM Best, said uncertainty over...

MS Amlin Appoints Senior Marine Underwriter in Dubai

Jun 17, 2019 MS Amlin said it has appointed Mary Vogiatzidou as the senior marine underwriter in its Dubai operations. Vogiatzidou will be responsible for developing and...

Zurich-Based Catastrophe Data Provider Perils Acquires Canadian Counterpart CatIQ

Jun 17, 2019 Catastrophe insurance data provider Perils said it is broadening its reach with the acquisition of Toronto-based Catastrophe...

Aetna-CVS Oral Arguments Set for July 17; DOJ Seeks New Hearing

Jun 17, 2019 A federal judge has set a July 17 date for oral arguments over the legality of the CVS Health acquisition of Aetna Inc., even as government...

Claims Journal

Kansas Supreme Court Strikes Down Cap in Injury Cases

Jun 17, 2019 TOPEKA, Kan. — The Kansas Supreme Court on Friday ruled that the state’s cap on damages for noneconomic injuries in personal injury lawsuits is unconstitutional....

Illinois Farmers Give Up on Planting after Floods, Throw Party Instead

Jun 17, 2019 DEER GROVE, Ill. — The Happy Spot was a little depressed. Dozens of corn farmers and those who sell them seed, chemicals and equipment gathered on...

Investors Uneasy about Undisclosed Dam Safety Risks

Jun 17, 2019 LONDON — Investors with a combined $12.5 trillion in assets, including the Swedish National Pension Funds and the Church of England, could review their stakes in...

Hail Storms Are Getting More Expensive, and No One Is Sure Why

Jun 17, 2019 In 2008, the year the stock market crashed and Barack Obama won the presidency, the U.S. was hit with a weather phenomenon little noted by anyone beyond the...

Insurance Journal

Tennessee Valley Authority to Remove Coal Ash from Pits Near Tennessee River

Jun 17, 2019 The nation’s largest public utility on Thursday agreed to dig up and remove about 12 million cubic yards (9.2 million cubic meters) of coal...

Lawsuits Filed Over Legionnaires’ Outbreak at Ohio Hospital

Jun 17, 2019 Two people who say they contracted Legionnaires’ disease at a newly opened Ohio hospital have sued the facility and its health system. Martin and Rebecca Brown...

Webb Joins Independent Insurance Agents of Texas as Advantage Markets Director

Jun 17, 2019 The Independent Insurance Agents of Texas (IIAT) has added Lisa Webb as director of IIAT Advantage Markets. Webb has more than 30 years of...

Ohio College: $44M Jury Award to Business Not ‘Final Outcome’

Jun 17, 2019 An Ohio college ordered to pay $44 million in damages to the owners of a market who said the school ruined their business by branding them as racists said the jury...