FEMA: Miss. Has No Jurisdiction to Bring NFIP Suit | Risks in Focus: Super Bowl XLVIII

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PropertyCasualty360 Daily eNews
December 18, 2013 PropertyCasualty360.com
First Notice
Snow Day: Super Bowl XLVIII Risks -- Video
By Caterina Pontoriero, PropertyCasualty360.com
DeWitt Stern on the risks associated with hosting the Big Game in a cold Northeastern state.…Read more
Slideshow
Twelve Days of Christmas Scams
By Hannah Bender, PropertyCasualty360.com
Phony charities, pickpockets and puppies: Better Business Bureau reveals common holiday cons…Read more
Industry News
FEMA: Miss. Has No Jurisdiction to Bring Suit Seeking NFIP Rate Hike Delay
By Arthur D. Postal, PropertyCasualty360.com
FEMA objects to the lawsuit filed by the state of Mississippi that seeks to delay flood insurance rate hikes, contending only Congress can remedy the state's claimed harm.…Read more
AIG's Hancock Tackles Emerging Risks, NFIP and TRIA
By Anya Khalamayzer, PropertyCasualty360
AIG's Peter Hancock lists climate change, cyber insurance, alternative capacity and public-private risk transfers as trends to watch.…Read more
N.Y. Approves Esurance Telematics App to Prevent Teen Texting While Driving
By Staff Writer
The New York DFS approved an Esurance program that allows policyholders to install a free device in their cars that prevents teens from texting or calling while driving.…Read more

Get in-depth coverage of specialty lines of insurance on PropertyCasualty360.com's Featured Lines pages. Get the info you need today!

State Insurance Concerns Bubble Up to Federal Level
By Elizabeth Festa, PropertyCasualty360.com
Federal regulators showed they are paying attention at the state level even as state regulators want to be heard on the international level.…Read more
Swiss Re: Insurers' 2013 Catastrophe Bill Halves Despite Rise in Deaths
By Reuters
The cost to insurers of catastrophes almost halved to some $44 billion this year, despite a doubling in deaths caused by events such as Typhoon Haiyan, Swiss Re said on Wednesday.…Read more
Former Microsoft Exec Named to Oversee Obamacare Website
By Susan Cornwell, Reuters, Steve Holland, Reuters
The Obama administration on Tuesday announced the appointment of a former Microsoft Corp executive to oversee its revamped HealthCare.gov website and expand on technology improvements achieved by the site's outgoing czar, Jeffrey Zients.…Read more
American Air, Cantor Fitzgerald Settle 9/11 Suit for $135M
By Joseph Ax, Reuters
American Airlines Group Inc and its insurers have agreed to pay $135 million to Cantor Fitzgerald to settle the financial services company's lawsuit over business and property losses suffered in the Sept. 11 attacks on the World Trade Center, in which 658 of its employees were killed.…Read more
As Bond Insurers Drop Objections, Detroit Bankruptcy Progresses
By Reuters
Detroit's path through bankruptcy began to take shape on Tuesday, with a second bond insurance firm ready to drop its objections to a controversial city financing plan, joining another bond insurer, bondholders and a committee of retired city workers in reaching agreements with the city.…Read more
NKSJ Holdings to Buy Lloyd's Insurer Canopius Group for $965M
By Reuters
Japan's NKSJ Holdings Inc said on Wednesday that it will purchase Canopius Group Limited, a privately held insurance and reinsurance group operating in the Lloyd's of London insurance market, for $965 million.…Read more
Perspective
By Laura Mazzuca Toops, PropertyCasualty360.com
A Holiday by Any Other Name...
By Laura Mazzuca Toops, PropertyCasualty360.com
Forty-nine percent of Americans prefer "happy holidays." Does it matter?Read more
Editors' Picks
Homeowners' Claims: Water Back-Up, Overflow, or Discharge?
Leonardi Unloads on NAIC Corporate Governance; Calls for Outside Review
The Shortcut to Modernizing Systems Without a Complete Overhaul
2013 First 9 Months in Charts
House, Senate Reject Efforts to Delay NFIP Rate Increases

Failure to report a claim where an insured has potential liability to a third party can result in a worse outcome than a premium hike.

Save the Children, Study Quantifies Impact of Filing a Claim on Auto Insurance Rates

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Environmental Insurance

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19 Dec, 2013


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