Casualty Insurance
Fitch Takes Rating Action on U.S. CDOs Backed by Insurance T
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has taken rating action on nine U.S. collateralized debt obligations (CDOs) backed primarily by trust preferred securities ('TruPS') and surplus notes issued by insurance companies. With this rating...
Insurance Sales Fall Most in Half Century Amid Slump (Update
April 9 -- U.S. property and casualty insurers posted the biggest sales decline in half a century last year as corporations and individuals scaled back purchases, an industry group said today. Sales dropped 1.4 percent to $434.6 million in...
Grange Insurance in Production with DecisionMaker Rating Ana
HONOLULU--(BUSINESS WIRE)--Decision Research Corporation (DRC), a rating and policy processing software solution provider to the property casualty insurance industry, announced today that Grange Insurance has successfully implemented DRCs D...
Innovation Group Receives "Positive" Rating in 200
NEWTON, Mass.--(BUSINESS WIRE)--Innovation Group www.us.innovation-group.com , a global provider of enterprise software and BPO solutions to the property and casualty insurance industry, today announced that leading analyst firm Gartner has...
Oregon Medical Liability Bill Raises, Indexes Limits
Copyright 2009 A.M. Best Company, Inc.All Rights Reserved BestWire April 9, 2009 Thursday 02:59 PM EST 198 words Oregon Medical Liability Bill Raises, Indexes Limits Sean P Carr SALEM, Ore. Oregon legislators approved a bill to increase reco...
AIG Receives $800 Million Loan From Troubled Consumer Financ
NEW YORK, Apr 07, 2009 (A. M. Best via COMTEX) -- AIG | Quote | Chart | News | PowerRating -- American International Group Inc., the insurer that has remained solvent under a $182.5 billion federal rescue plan, has received an $800 million...
Contaminated Drywall May Lead to Years of Liability Litigati
(BestWire Services Via Acquire Media NewsEdge) The use of contaminated drywall imported from China is opening the type of rolling liability issue that will likely lead to years of litigation about insurance coverage. An organization represe...
Eyes Consultant Regulation
Copyright 2009 Crain CommunicationsAll rights reserved Business Insurance 30 March 2009 447 words Consultant eyes Regulation Jeff Casale Congress to debate with the idea of creating a systemic risk regulator, a report by McKinsey Co. said i...
Allianz, Allstate units vulnerable defaults
Copyright 2009 TheStreet.com, Inc.All Rights Reserved TheStreet . com April 3, 2009 Friday 24:59 AM EST SECTION: NEWS ANALYSIS; TheStreet.com Ratings LENGTH: 448 words HEADLINE: Allianz, Allstate Units Vulnerable to Defaults BYLINE: Melissa...
State Farm Texas Governor Indicates He Undercharged Some cus
Copyright: The Dallas Morning News Source: Dallas Morning News, The Wordcount: 575 Mar. 31--AUSTIN - State Farm Insurance, in front of the statement of allegations that overweight customers hundreds of millions of dollars, on Monday raised...
Former AIG Exec draws review
Copyright: United Press International Source: UPI Business News Wordcount: 229 U.S. investigators are looking into possible criminal fraud by a former American International Group Inc. executive, ABC News reported Monday. Federal prosecutor...
Florida Surplus Market Looking for Return to Status Quo
Chad Hemenway TALLAHASSEE, Fla., Mar 30, 2009 (A. M. Best via COMTEX) -- The potential ramifications recent court decisions could have on the surplus lines market in Florida could create major pain to a state that could do without more disr...
Worries On Auto Industry, Global Economies Dent Retail Secto
Free Personal Audit Scam Kit makes you a hero with your clients INSTANT DOWNLOAD: Top 10 investment scams to watch. Last chance to help save the pension industry If you sell annuities, this is your only chance to prevent change and protect...
Florida Denies State Farm Request for a Hearing on Withdrawa
(BestWire Services Via Acquire Media NewsEdge) The saga that is State Farm Florida's attempt to leave the property insurance market in the Sunshine State continues, with word from the Florida Office of Insurance Regulation that it rejected...
Insurers: Michigan officials launched a war with Crackdown,
(BestWire Services Via Acquire Media NewsEdge) In Michigan, unemployment stands at 11.6%. The automobile industry, the state's traditional economic backbone, is pining for federal bailouts. Meanwhile, automobile insurers find themselves eng...
Jupiter Resources Signs Letter of Intent for the acquisition
Copyright: PR Newswire Source: PR Newswire Wordcount: 885 VANCOUVER, March 30 / PRNewswire-FirstCall / - Jupiter Resources, Inc. (OTC Bulletin Board: JPIT) is pleased to announce that it has signed a letter of intent to purchase 100% of the...
Analysis: Obama tougher on cars than banks
Copyright: The Associated Press. All rights reserved. May This material may not be published, broadcast, rewritten or redistributed. Source: Associated Press Worldstream Wordcount: 334 WASHINGTON_President Barack Obama relates to the beleag...
Soft P/C Market Persists Despite Poor Results
Copyright 2009 Crain CommunicationsAll rights reserved Business Insurance 23 March 2009 1126 words Soft P / C market in spite of poor performance, investment, cat losses drag down the profits of insurers in 2008 JUDY GREENWALD Disasters, lo...
PCI Urges Careful Approach to Federal Regulatory Reform
WASHINGTON March 27, 2009 - The Property Casualty Insurers Association of America (PCI) urges Congress to proceed deliberately with the U.S. Treasurys financial reform proposal, to address potential problems and avoid unintended consequence...
Industry Trades Band NC Bills together against Stop the rate
Copyright: h Best Company, Inc. Source: BestWire Wordcount: 397 Industry associations are seeking to adopt legislative proposals to impose a stay on the proposed increase in insurance rates for owners of North Carolina - the fears of the in...
U. S. Unveils Overhaul Financial System
Copyright: The Associated Press. All rights reserved. This material May not be published, broadcast, rewritten or redistributed. Source: Associated Press Worldstream Wordcount: 1024 WASHINGTON_The United States Thursday announced a broad ov...
AIG Exec exit public will not be the last
Copyright 2009 TheStreet.com, Inc.All Rights Reserved TheStreet.com 25 March 2009 Wednesday 19:59 PM EST SECTION: NEWS ANALYSIS; Financial Services LENGTH: 1179 words TITLE: AIG Exec public will not be the last Signature: Lauren LaCapra, Th...
Obama asked for permission to Unwind AIG-like Institutions
WASHINGTON, Mar 25, 2009 (A. M. Best via COMTEX) -- AIG | Quote | Chart | News | PowerRating -- The collapse of American International Group demonstrates the federal government needs the authority to take over failing insurance companies an...
Upon retirement from Bell Endurance Specialty
PEMBROKE, Bermuda, March 24, 2009 (GLOBE NEWSWIRE) -- Endurance Specialty Holdings Ltd. (NYSE:ENH - News), a Bermuda-based specialty provider of property and casualty insurance and reinsurance, today announced that Thomas D. Bell will be re...
Workers Comp Cartel Says Boo! Aerials and Florida
Copyright 2009 ProQuest Information and LearningAll rights ReservedProQuest SuperTextCopyright 2009 News-Journal News-Journal Corporation (Daytona Beach, Florida) Tuesday 24 March 2009 N-j Final Edition SECTION: A SECTION, Pg 4A LENGTH: 714...
Tables Turned On AIG Hearing
Copyright 2009 Los Angeles TimesAll Rights Reserved Los Angeles Times 25 March 2009 Wednesday Home Edition SECTION: BUSINESS, Business Desk, Part B, Pg 1 LENGTH: 1084 words TITLE: FINANCIAL CRISIS; Tables turned AIG hearing; regulators answ...
Want Financial enlarged heads Reach; Points Up AIG need to e
Copyright 2009 Gannett Company, Inc.All Rights Reserved USA TODAY 25 March 2009 Wednesday FIRST EDITION SECTION: MONEY; Pg 1B LENGTH: 412 words TITLE: Financial leaders want wider scope; AIG points need to expand the powers, they say Signat...
Today's Picks
Golden Eagle Insurance Offers Onboard Advisor for
SAN DIEGO--(BUSINESS WIRE)--Golden Eagle Insurance, a Liberty Mutual Agency
Okla. Governor Signs 'Cash for Crash' Ban
Okla. Governor Signs 'Cash for Crash' Ban Sean P Carr OKLAHOMA CITY Oklahoma
Analysis: Obama tougher on cars than banks
Copyright: The Associated Press. All rights reserved. May This material may not
Diversified Insurance Career Leads to Heading Risk
Copyright 2009 Insurance Communications The Risk Retention Reporter April 2009
Hanover, is working with industry distress
It is not that Frederick Eppinger is not favorable to insurance companies as
Innovation Group Receives "Positive" Rating
NEWTON, Mass.--(BUSINESS WIRE)--Innovation Group www.us.innovation-group.com ,
State Farm Texas Governor Indicates He Undercharged
Copyright: The Dallas Morning News Source: Dallas Morning News, The Wordcount:
Florida officials try to Boost Hurricane Fund
April 15 - Tallahassee - The outlook for state funding to support the market
Florida Last-Resort Insurer Reassessing Replacement
Efforts by Florida's state-run insurer to bring premiums up to a level equal to
Workers Comp Cartel Says Boo! Aerials and Florida
Copyright 2009 ProQuest Information and LearningAll rights ReservedProQuest
Catlin to Write Short-Term Life Business
Specialist property/casualty insurer Catlin Group Ltd. will start writing
State hit with rising insurance rates
In the midst of recession, the cost of car and home insurance is increasing for
MOST POPULAR
- Most Read
- Most Discussed
- Most Emailed
- American Integrity, Florida Peninsula Ready to Take Dropped Nationwide Policies
- Home and car insurance set to rise, ING Canada warns
- AIG: The company that came to dinner - A Profile of Fortune
- Zurich enhances EPLI coverage
- Accountants' Liability in the Madoff Scheme: A CPA Journal Symposium
- Are You Ready To Investigate Sexual Harassment?
- Travelers Names Personal Lines CEO, President
- State Farm To Raise Home Insurance Rates
- Class Action Against Old Republic National Title Insurance Company Directed To Proceed By Court
- Allstate Renames Two Florida Subsidiaries
