Cover everything, insurers, I say
French travel agencies, according to a Reuters report, have begun to induce summer holiday travelers with sunshine insurance, where they will use satellite photography to determine when cloud cover...
View ArticleDisability insurance claims filings fall in December, rise in January
The number of group disability insurance claims filed are at their lowest in November and December, ahead of a New Year’s wave of new claims, according to an analysis by a U.S. seller of group...
View ArticleMIA advises insurers on cancellations caused by snowstorm
The Maryland Insurance Administration is advising insurance companies to “provide reasonable accommodations” to policyholders regarding cancellations caused by the second of two heavy snowstorms to hit...
View ArticleDespite $24 million in catastrophic losses, Selective sees income gain
Noting heavy snow and rainfall in the Northeast and mid-Atlantic, Selective Insurance reported $24 million in catastrophic losses for the first quarter, but also saw gains of more than 100% in its net...
View ArticlePast lead paint claims still mark Kingstone’s new ratings
Noting in part its unfavorable calendar-year loss reserve development based on past lead paint claims, A.M. Best has assigned ratings to Kingstone Insurance Co. The rating service assigned a financial...
View ArticleGeorgia insurance commissioner orders leniency after winter weather
Georgia Insurance Commissioner Ralph Hudgens has issued a directive ordering companies to exercise leniency in dealing with affected individuals and businesses that may experience difficulty paying...
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