• Tired Malpractice Debate Ignore Promising Solutions

      Seldom can a president move an audience from applause to boos in a matter of seconds. But President Obama did it last week with three words: fear of lawsuits. Thousands of doctors at the American Medical Association convention cheered when O...
    • State Farm Florida: We Will Re-Examine Departure if 'Consumer Choice' Bill Signed

      The president of State Farm Florida has told the state's governor the company would re-examine its options should a bill allowing well-capitalized insurers to charge unregulated rates be signed into law. In a letter to Gov. Charlie Crist, J...
    • Unum, employees give more than $ 6 million in 2008

      Building on a strong tradition of corporate social responsibility and commitment to communities, Unum (NYSE: UNM) and its employees gave more than $6 million and 15,000 volunteer hours in 2008 (see also Unum). For more than 160 years, Unum a...
    • Prudential Financial is a Top Company for Diverse Graduates

      Prudential Financial, Inc. (NYSE: PRU) is a great place for diverse graduates according to Diversity Edge Magazine. Once again, the publication has named Prudential as one of the best companies for diverse graduates as part of the magazine's...
    • Prices, the ability of reinsurers Moving Targets in uncertain market

      When the world's top reinsurers and their clients gather for renewal discussions at Les Rendez-Vous de Septembre in Monte Carlo, they will be anxious for evidence of stabilized financial markets while trying to read a mix of macro-economic c...
    • The escalating price of natural disasters could Devastate P & C Industry

      SAN DIEGO--(BUSINESS WIRE)-- Natural disasters are getting costlier while the shrinking economy is making property and casualty (PC) insurers more vulnerable according to EMB, a global actuarial consulting firm. As a result, a major catastro...
    • 10 Supply Chain Questions Your Insurance Broker Should Ask You

      The merchandise was damaged in transit is not welcome information. Recovering from the loss will depend upon how well you and your insurance broker have identified your supply chain risks, assessed those risks and put adequate coverage in pl...
    • A.M. Best Assigns Ratings to DTRIC Insurance Underwriters, L

      A.M. Best Co. has assigned a financial strength rating of A- (Excellent) and an issuer credit rating of a- to DTRIC Insurance Underwriters, Limited (DIUL) (Hawaii). The outlook for both ratings is stable. DIUL conducts insurance business in...
    • State insurance industry gets an F-

      BRADENTON Florida gets a failing grade when it comes to open market competition among insurers and over government regulation, according to a report card rating the nations insurance industry. The report card issued by the Competitive Insti...
    • Universal Insurance Holdings, Inc. Declares Twelve Cent Cash

      Universal Insurance Holdings, Inc. (Company) (AMEX: UVE), a vertically integrated insurance holding company, announced today that its board of directors declared a dividend of $0.12 per share on its common stock. The dividend is payable on...
    • Universal Insurance Holdings, Inc. Declares Twelve Cent Cash

      FORT LAUDERDALE, FL--(Marketwire - June 17, 2009) - Universal Insurance Holdings, Inc. (Company) ( NYSE Amex: UVE), a vertically integrated insurance holding company, announced today that its board of directors declared a dividend of $0.12...
    • Jury finds for plaintiff in Maryville insurance pay-out suit

      The jury was out less than an hour before it awarded a Maryville-based company just over $80,000 the company had been seeking from its insurance company. Plaintiff TMEG Inc. which owns a Maryville restaurant that was gutted by fire in 2004,...
    • Farmers Insurance Announces Building Expansion in Caledonia,

      Farmers Insurance Group of Companies announced today that it will build two new buildings totaling 275,000 square feet on the existing grounds of Farmers Insurance office facilities located in Caledonia. Caledonia, Mich. (Vocus/PRWEB ) June...
    • iPartners Named a "Leading Vendor" in Celent's 200

      ATLANTA--(BUSINESS WIRE)--iPartners, the leading provider of on demand business analytics solutions to the property casualty (PC) insurance industry, today announced that it has been named a leading vendor in the Infrastructure metacategory...
    • Small insurers tell Crist property insurance measure will be

      Small property insurers are urging Gov. Charlie Crist to veto a measure that critics say favors State Farm. In a letter Monday, the Florida Property Casualty Association says House Bill 1171 would create an unbalanced and dangerously fragme...
    • Michigan Governor Jennifer Granholm Will Join Farmers Insura

      CALEDONIA, Mich.--(BUSINESS WIRE)-- TO MICHIGAN TV NEWS EDITORS: Below is a Media Invite and VNR of Farmers Insurance Group, Inc. CEO Robert Woudstra announcing an expansion of two new buildings that will begin this fall. If you have questi...
    • Farmers Insurance Announces Building Expansion in Caledonia,

      CALEDONIA, Mich.--(BUSINESS WIRE)-- TO MICHIGAN TV NEWS EDITORS: Below is a press release and VNR of Farmers Insurance Group, Inc. CEO Robert Woudstra announcing an expansion of two new buildings that will begin this fall. If you have quest...
    • Wells to Continue Acquiring Insurance Brokerages in West

      Wells Fargo Insurance Services Inc. plans to buy more insurance brokerages as part of its strategy to develop new business in the West. Last week the San Francisco unit of Wells Fargo Co. bought Grady Associates, a single-office retail insu...
    • Arch Insurance Establishes Two Principal Underwriting Units

      Arch Insurance Group, a division of Arch Capital Group Ltd. (NASDAQ: ACGL - News ), today announced that Arch Insurance has established two principal underwriting groups in its U.S.-based operations: the Arch Property Casualty Group and the...
    • Commercial Property & Casualty Insurance Prices Experien

      The smallest decline in commercial property casualty (PC) insurance prices in four years less than 1% provides increasing evidence that the soft market is reaching its end, according to Towers Perrins most recent commercial lines insurance p...