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Thursday, April 18, 2013

Wind and Hail Claims Top $3.9 Billion for State Farm in 2012

State FarmWind and hail claims racked up losses for State Farm of more than $3.9 billion in 2012, with Texas tallying the most claims of any state with about 47,000, the company said.

Six of the top 10 states with the l...

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Investors and Countrywide Agree to Landmark $500 Million MBS Settlement

CountrywidePlaintiffs in the landmark mortgage-backed securities (MBS) class action litigation against Countrywide Financial Corporation and others, led by Lead Plaintiff, the Iowa Public Employees' Retirement System (IPERS), have agreed to a $500 million settlement, according to plaintiffs' Lead Counsel Steven J...

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Texas Fertilizer Firm Cited Minimal Risks in Regulatory Filings

Texas fertilizer explosionThe operators of the Texas fertilizer plant where at least five people died in a blast Wednesday told government regulators two years ago that there wasn't a major risk of a fire or explosion ...

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FEATURE: The Behavioral Healthcare Industry: A Growing Niche for Agents to Tap Into

NSM Behavioral healthcareBehavioral healthcare is a growing industry with a confluence of factors making this a niche opportunity for agents and brokers looking to expand their footprint. We spoke with Richard Willetts, National Program Director for NSM Insurance Group's...

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The Future, Coming Soon: Self-Driving Cars Mainstream by 2025

Self Driving carsAt the dawn of the automobile age, driving a car wasn't a high status activity. Not driving it was. And within a decade, the auto business could return full circle to the concept of motorists as mainly passengers.

The consensus among auto industry technologists, gathered in Detroit this week ...

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Aon CEO Case: Magnitude of Risk on the Rise


The magnitude of risk is on the rise and ever more interconnected, Aon Chief Executive Officer Greg Case told BestWeek at the Philly I-Day Conference in Philadelphia. Case also said tying enterprise risk management to action creates an effective tool. Also, Aon regional managing director Bruce Vassallo spoke about r...

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