Explosive Tornadoes in the Midwest | D.C. Commissioner Ousted

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November 18, 2013 PropertyCasualty360.com
First Notice Explosive Storm System Strikes Midwest, Tornadoes Level Towns By Anya Khalamayzer A deadly storm system tracked across the Midwest on Sunday, yielding reports of more than 67 tornado touchdowns, high winds, explosive lightning, rain and hail. …Read more Slideshow Tornadoes, Severe Storms Devastate Midwest By Caterina Pontoriero, PropertyCasualty360.com A severe storm system caused multiple tornadoes to rip through the Midwest on Sunday, Nov. 17, destroying homes, knocking out power, and delaying the Bears-Ravens football game at Soldier Field as it blew through the region.…Read more Industry News Washington Insurance Commissioner Ousted By Elizabeth D. Festa, PropertyCasualty360.com The insurance commissioner of Washington, D.C. has resigned under pressure following his comments regarding President Obama’s healthcare plan fixes.…Read more Hank Greenberg: Left Unchanged, Martin Act Will Drive Businesses Out of New York By Phil Gusman, PropertyCasualty360.com The Martin Act, which gives the New York attorney general extraordinary enforcement powers, will drive companies out of the state unless businesses lobby to change it, according to Starr Insurance Holdings Chairman and CEO and longtime AIG boss Maurice “Hank” Greenberg.…Read more AIR: Insured Losses from Typhoon Haiyan Up to $500M By Chad Hemenway, PropertyCasualty360.com Catastrophe modeler AIR Worldwide estimates insured losses from Typhoon Haiyan at between $300 million and $500 million. …Read more For 150 years, we have insured some of America's most iconic moments. We take pride in protecting the dreamers, inventions and buildings that make this country what it is today. Read more about our role in our country's history. Lawsky: Regulation Focused More on Punishing Past Than Protecting Future By Phil Gusman, PropertyCasualty360.com Insurance regulation should focus on deterring future wrong acts, not on punishing the sins of the past, New York’s top regulator said here Friday. ACE's Greenberg notes that building ACE would be "far more difficult" in today's environment.…Read more Marsh: Most Construction Insurance Lines Firming By Staff Writer U.S. construction firms on average paid more for their insurance in the first half of 2013 as underwriters continue to seek price increases across the breadth of their contractor portfolios.…Read more Anthony Pomerson Continues Young Agent Discussion - nGI By nGI The Michigan-based young agent discusses recruiting young talent, his future goals, legislative issues, sales strategies and more.…Read more CMS Proposal on Smart Act Stirs Concern By Arthur D. Postal, PropertyCasualty360.com A rule proposed by the Centers for Medicare and Medicaid Services contradicts the intent of a recently passed law aimed at requiring CMS to tell insurers how much of a claims settlement involving federal health insurance recipients must be given to CMS.…Read more Perspective Insurers May Find Opportunities, Challenges with "Sharing Economy" By Michael A. Costonis Insurers may be able to innovate, particularly in the car-sharing market. But how can they adapt models to meet consumer demands?Read more Editors' Picks A 'Bold Step': Travelers Gives Agents New Product to Compete in Auto Market Senate Vote to Delay Flood Rate Hikes Could Come Before Thanksgiving 5 Tips to Maximize Underwriting Technology Investments Top 10 Most Stolen Sports Cars Big “I” Study Shows Industry Growth Comment of the Day Our congress is kicking another can down the road that needs to be addressed NOW... Gutless they are... — Mark Hester, Senate Vote to Delay Flood Rate Hikes Could Come Before Thanksgiving Featured Lines Environmental Insurance Connect with Us Subscribe to our eNewsletters Get the best of PropertyCasualty360.com, from market trends and news to the analysis you need – it's the information you need to solve your biggest business problems…so you can sleep at night. Check out PropertyCasualty360.com eNewsletters!
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