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BestWeek: Northeast Hurricanes: A Probability Worth the Prem

OLDWICK, N.J.--(BUSINESS WIRE)-- There are two schools of thought when it comes to hurricanes in the Northeast. Either people are convinced that because nothing has happened in so long, nothing will happen, or, the Northeast is due. The Nort...

AIG to Replace CEO Liddy, Revamp Board

AIG to replace CEO Liddy, revamp board; New chief will need varied skill set to confront companys many challenges: Analysts JUDY GREENWALD American International Group Inc. faces yet another challenge as it seeks someone to succeed Edward M....

Aon Consulting Leads the Way on 2009 List of Employee Benefi

Risk Insurance and Human Resource Executive magazines Name Six from Aon Consulting CHICAGO, June 1 /PRNewswire-FirstCall/ -- Risk Insurance and Human Resource Executive magazines today recognized six consultants from Aon Consulting , the gl...

June 1, 2009 Florida Property-Catastrophe Rates Up 15 Percen

NEW YORK--(BUSINESS WIRE)-- A briefing published today by Guy Carpenter Company, LLC, finds that Florida property-catastrophe reinsurance rates increased by 15 percent at the June 1, 2009, renewal, compared to a decline of 15 percent a year...

Insurance Information Act of 2009, NARAB II likely to face u

Two bills that would transform the way insurance agents are licensed and regulated are likely to face a difficult time in the Senate, according to insurance industry officials. One bill, the Insurance Information Act of 2009, would set up a...

Hurricane insurance costlier, harder to get as season starts

CHARLOTTE, N.C. As the 2009 hurricane season arrives, many homeowners are finding insurance is more expensive or harder to get. Homeowners from New York to Florida and in the Gulf Coast region are again seeing premiums rise and coverage cha...

Anticipated hurricanes leave consumers exposed

CHARLOTTE, N.C. As the hurricane season arrives, many homeowners are finding insurance is more expensive or harder to get. Homeowners in the Gulf Coast region and from New York to Florida again are seeing premiums rise and coverage change....

Hurricane fears make insurance harder to get

CHARLOTTE, N.C. As the 2009 hurricane season arrives, many homeowners are finding insurance is either more expensive, or harder to get. Homeowners from New York to Florida and in the Gulf Coast region are again seeing premiums rise and cove...

As hurricane season approaches, insurance harder, more expen

CHARLOTTE, N.C. -- As the 2009 hurricane season arrives, many homeowners are finding insurance is either more expensive, or harder to get. Homeowners from New York to Florida and in the Gulf Coast region are again seeing premiums rise and c...

Hurricane 09' insurance

CHARLOTTE, N.C. (AP) - As the 2009 hurricane season arrives, many homeowners are finding insurance is either more expensive, or harder to get. Homeowners from New York to Florida and in the Gulf Coast region are again seeing premiums rise a...

More info on getting FEMA disaster assistance for flood dama

Assistance for Affected Individuals and Families Can Include as Required: Rental payments for temporary housing for those whose homes are unlivable. Initial assistance may be provided for up to three months for homeowners and at least one m...

Insurance Community Says Dinallo's Resignation Will Leave a

The insurance community agrees: New York Insurance Superintendent Eric Dinallo will leave a void when he steps down on July 3. Since being appointed to the post in January 2007, Dinallo has emerged as a battle-tested national figure. Indust...

FEMA honors USAA for flood insurance work

The U.S. Department of Homeland Security s Federal Emergency Management Agency presented USAA with the National Flood Insurance Programs Administrators Quill Award. This award recognizes the company that writes the highest number of flood i...

Common things left undone can cause serious consequences

In discussions with clients about their financial objectives, we often uncover things that need to be addressed but were put on a back burner. This month, I thought it might be beneficial to identify some of the most common things Ive found...

Surplus Lines Regulation Reform Legislation Reintroduced in

Legislation aimed at making access to the surplus lines market more efficient and help standardize state insurance regulation has been introduced again in the U.S. House of Representatives. Reps. Dennis Moore, D-Kan., and Scott Garrett, R-N...

Cuomo: 15 AIG Execs To Return Bonuses

Copyright 2009 The Mobile Press Register Inc.All Rights Reserved Mobile Register (Alabama) March 24, 2009 Tuesday 01 EDITION SECTION: A; Pg. 05 LENGTH: 136 words HEADLINE: Cuomo: 15 AIG execs to return bonuses Cuomo: 15 AIG execs to return b...

Golden Eagle Insurance Offers Onboard Advisor for Commercial

SAN DIEGO--(BUSINESS WIRE)--Golden Eagle Insurance, a Liberty Mutual Agency Markets regional company, is offering California commercial fleets Onboard Advisor, a first-of-its-kind fleet management solution that helps companies increase flee...

NY's Dinallo: 2-yr insurance refunds total $217 mln

NEW YORK, May 19 (Reuters) - Over the past two years insurance companies refunded or credited to New Yorkers more than $217 million, Insurance Superintendent Eric Dinallo said on Tuesday. Insurance companies separately paid around $18 milli...

The Hartford Says It Will Not Sell P/C or Life Insurance Uni

Hartford Financial Services Group Inc. said it plans to keep its U.S. property/casualty and life businesses, after winning approval last week to tap $3.4 billion of federal bailout funds. Chief Executive Ramani Ayer announced the decision i...

Economy Forcing Changes in Carrier Investments

The current economic environment has produced several influences that in combination are negatively affecting, or at least stressing, property casualty insurance carriers in unique ways, according to one experienced industry analyst. Invest...

Economy Forcing Changes in Carrier Investments

Hartford Will Maintain U.S. Property, Life Units

Hartford Financial Services Group Inc., the insurer that had its worst year in two centuries in 2008, said it will keep its U.S. property-casualty and life businesses after winning approval last week for federal aid. The insurer was reviewin...

Hartford CEO: Will Not Sell P/C And Life Insurance Operation

CHICAGO -(Dow Jones)- Days after being approved to receive $3.4 billion through the Treasury's TARP Capital Purchase Program, Hartford Financial Services Group Inc. (HIG) announced that it will keep its U.S. property/casualty and life busine...

BlueWave Named 'Company to Watch' in 2009 Vanguards in Insur

ORLANDO, Fla., May 18, 2009 (GLOBE NEWSWIRE) -- BlueWave Technology, a leading provider of claim management solutions for the property/casualty insurance industry, is pleased to announce the company has been named the Company to Watch in th...

Allstate to Re-enter Massachusetts Auto Insurance Market

NORTHBROOK, Ill.--(BUSINESS WIRE)--Allstate Insurance Company (NYSE: ALL - News ) today filed rates and policy forms with the Massachusetts Division of Insurance to re-enter the Massachusetts auto insurance market. The move marks Allstates...

University buildings called ‘woefully underinsured’

JACKSON The state College Board has decided to consolidate property insurance coverage for Mississippi universities with a plan that will take care of more buildings at a lower cost than the current approach. Economies of scale allow us to...

AAIS Filing New Forms, Loss Costs for Personal Inland Marine

New policy forms and loss costs will be available early next year to insurers writing inland marine property coverage for certain types of vehicles, and for boats and motors. The American Association of Insurance Services (AAIS) said it has...

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