As federal defense spending has been slashed, contracts worth billions of dollars for work on Obamacare have been awarded to firms typically known for military projects. HHS is now the nation’s No. 3 contracting agency, and spends more taxpayer funds on business deals than the departments of Justice, Transportation, Treasury and Agriculture combined.
A bill to extend an expiring federal terrorism insurance program effectively died on Tuesday when the U.S. Senate failed to reach an agreement to hold a vote before Congress wraps ... Read →
Arthur J. Gallagher has acquired O'Gorman & Young, Inc., based in Chatham, N.J., including its affiliate G. R. Murray Insurance, in Princeton, N.J.
United Insurance Holdings Corp. (UPC Insurance) said it plans to acquire Family Security Holdings LLC for $9 million.
Large business commercial insurance customers (risk professionals) are significantly more satisfied when 11 key performance indicators are met by brokers and insurers, according to J.D. Power and RIMS.
ISO is preparing insurers for the rise of commercial drones around the world by offering new and versatile coverage options, according to the firm.
Progressive has agreed to acquire a controlling position in the parent company of American Strategic Insurance (ASI) and its affiliates for $875 million.
U.S. life insurers take billions of dollars in undeserved tax deductions by shifting capital to states with looser reserve requirements and the practice should be halted by the Internal Revenue ... Read →
Erie Insurance Group is seeking permission to drones to verify damage for claims, saying the unmanned aerial aircraft would reduce or eliminate safety risks for workers responding to casualty events and catastrophes.
Subsidies for workers to buy their own health insurance coverage through government website, combined with years of rising costs, are prompting some small business owners to drop employee benefit plans.
There is a chance Super Bowl XLIX might not be played in February, according to a story published by BusinessWeek.
Congress first needs to make a decision on renewing the Terrorism ... Read →
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A federal jury has found northeast North Dakota potato farming brothers Aaron and Derek Johnson guilty of all felony counts of crop insurance fraud brought against them.
Daniel Ramsey walked into the marbled lobby of the InterContinental hotel near Beverly Hills one day in 2006, lured with promises of big money.