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Markel Appoints Executive Underwriting Officer
Markel Corp. said it has appointed Nathan J. Warde as executive underwriting officer. Warde will oversee Markel's property lines operations in the United States. Warde, who has almost 30 years experience in underwriting and insurance operat... -
Hawaii Hurricane Insurance Company Being Sold
HONOLULU_Hawaii's largest hurricane insurance company is being sold for $31 million. Kingsway Financial Services Inc. of Canada announced Wednesday that it is selling Zephyr Insurance Co. to Florida-based Ocean Harbor Holding Inc. and the Ha... -
Aon Finds Increased Volatility In Insurance Risk
Insurers are experiencing increased volatility in insurance risks along with greater demands for detailed assessment of risk tolerance and capital adequacy, according to a study by broker Aon Benfield. Insurance volatility was far greater t... -
Georgia Tech: Hurricane Size Related to Increased Threat of Tornadoes
An increase in the size and frequency of Gulf Coast hurricanes appears to correlate to an increased threat of tornadoes that typically occur once hurricanes move inland, according to researchers at the Georgia Institute of Technology. As th... -
Are You Using Good Risk Models?
The current recession has forced a re-evaluation of modeling in the financial services arena. Leaders in the modeling profession have jointly issued, and are actively promoting, a manifesto for responsible modeling. This is good news for ba... -
BestWeek: Branding Experts Explore AIG’s Possible Rebranding Strategies
OLDWICK, NJ - (BUSINESS WIRE) - Experts agree that something must be done with the American International Group Inc. brand, according to a story in BestWeek US / Canada. Some believe that the insurer bailed out last year by the U.S. governm... -
Recession, Piracy Top the Agenda at Bruges Marine Insurance Conference
Marine insurers will wrestle with the devastating effects of the global recession and piracy when they gather in the picturesque Belgian city of Bruges through Sept. 16 for the 2009 annual conference of the International Union of Marine Ins... -
Regulatory Change Accelerates After the Financial Crisis
The financial crisis made risk management a top priority for reinsurers, insurers and regulators, all keen to rebuild credibility in markets as the financial services industry lost about half its value worldwide. The crisis revealed importa... -
Perspectives: You're in Good Hands With ... Who? For State Commissioners, the Names They Are a-Changi
Ed Reimers, the voice that told a generation of Americans you're in good hands with Allstate in iconic television commercials, died last month at the age of 96. It seems fitting then that this summer, it is hard for insurers and consumers -... -
Wildfires and insurance(insurance news net)
Natural disaster damage losses paid by insurance companies have been doubling every five to ten years since at least the 1960s (Kovacs, 1999). The largest losses have been due to hurricanes, earthquakes, tornadoes, hail, winter storms and w... -
Avoid Being Bitten With a Lawsuit by Being a Responsible Dog Owner
I.I.I. Study Shows Dog Bite Claims Cost Nearly $390 Million Annually Man's best friend is sinking its teeth into homeowners insurance costs. Dog bites account for one-third of all homeowners insurance liability claims, costing $387.20 milli... -
Longtop signs contract with Chinese property insurance firm
Longtop Financial Technologies, a developer and solutions provider targeting the financial services industry in China, has signed a contract with a property insurance company in China to develop a customized supply chain management system.... -
general liability insurance - liability insurance considerations
Liability should be one of your major considerations when you enter into a fee-recreation enterprise. In general, if you decide to impose a fee for any recreational activity conducted on your land or land you are in possession and control of... -
usaa home insurance,usaa home owners insurance - About usaa
usaa home insurance,usaa home owners insurance -About USAA USAA Products and Services Since 1922, USAA has provided a full range of highly competitive financial products and services to the military and their families. Today, certain produc... -
Zurich's accident and health group expands offering into mass consumer market
BancInsure has announced a new alliance with Eagle Insurance Agency Holdings, and Imperial Casualty and Indemnity Company. Eagle Insurance Agency operates as a managing general agency with a focus on professional employer organizations (PEO... -
CPCU Society Announces 2009-2010 Officers and Directors
The Chartered Property Casualty Underwriters Society issued the following news release: The CPCU Society announced its new officers and directors during its 65th Annual Meeting and Seminars in Denver, Colo., Aug.29-Sept.1. These new positio... -
Lawyers, Insurance Firms Cash In On Fantasy Football
Henry Olszewski was stoked in 2008 when he, along with millions of Americans, drafted New England Patriots quarterback Tom Brady to his fantasy football team. About eight minutes into the season, a 220-pound safety was blocked into Brady's... -
BancInsure, Inc. Announces New Partnership with Eagle Insurance and Imperial Casualty and Indemnity
BancInsure (www.bancinsure.com) announces today a new alliance with Eagle Insurance Agency Holdings, LLC and Imperial Casualty and Indemnity Company. Eagle Insurance Agency operates as a Managing General Agency (MGA) with a focus on Profess... -
A.M. Best Publishes 2009 Best’s Aggregates & Averages - P/C, the Insurance Sourcebook for Total
OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has released the 2009 property/casualty edition of Best's Aggregates Averages-U.S. Canada in both print and online formats. The online version, which includes one year of archived back data, co... -
College Students, Families Urged to Options include assurances that the number of tenants against ove
HARTFORD, Conn.--(BUSINESS WIRE)-- Increased spending on items taken to college and a national rise in the number of renters has prompted insurance experts from Travelers (NYSE: TRV) to relay the importance of understanding renters insurance...
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Berkshire Hathaway’s Insuranc
The Property Casualty Insurers Association of America (PCI) reported full year 2008 results for the industry... -
European Insurance Asset Manage
26 February 2009 - Published in the insurance, fire insurance, accident, dental, financial services, health... -
Willis Group Holdings names CEO
Copyright: Business Wire Source: Business Wire Wordcount: 556 Business Editors / Insurance Writers NEW... -
Wildfires and insurance(insuran
Natural disaster damage losses paid by insurance companies have been doubling every five to ten years... -
New structures to boost the mar
Copyright 2009 Crain CommunicationsAll Rights Reserved Business Insurance March 30, 2009 950 words New... -
Allstate Applauds Introduction
NORTHBROOK, Ill.--(BUSINESS WIRE)-- Allstate Protection President George Ruebenson issued the following... -
When it doesn’t pay to overpa
Borrowers on ultra-low tracker mortgages are being urged to stop overpaying and instead take advantage... -
OneBeacon Launches Energy Insur
CANTON, Ma., June 17 /PRNewswire-FirstCall/ -- OneBeacon Insurance Group today announced the formation... -
FirstBest Announces App Forms R
ORLANDO - FirstBest Systems, Inc., developer of advanced Underwriting Management Systems (UMS) that enable... -
Squatters move into Billionaire
Squatters have moved into a London super-mansion in a road dubbed Billionaires Row, a few doors from a...
Featured
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Universal Property & Casual
Fort Lauderdale, FL /PRNewswire/ As a leader in the property and casualty insurance marketplace, South... -
A.M. Best Downgrades Ratings of
OLDWICK, N.J. - (Business Wire) A.M. Best Co. has downgraded the financial strength rating to B (Fair)... -
UNUM Plan Participant's Short-T
Copyright 2009 Strafford Publications, Inc.All Rights Reserved Texas Insurance Law Litigation Alert February... -
Reinsurance Renewals Clouded by
When reinsurers and their clients gather for renewal discussions at Les Rendez-Vous de Septembre in Monte... -
AIG Replaces Chief Investment O
AIG Replaces Chief Investment Officer Alyn Ackermann American International Group Inc. has replaced its... -
Conning Research: Property-Casu
Results of ownership of industry losses in the coming years will be determined by the recession of 2009,... -
A.M. Best Affirms Ratings of Au
OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has affirmed the financial strength rating (FSR) of A++... -
Insurance Agents and Brokers In
As the economy continues to struggle, successful insurance agents and brokers are focusing on traditionally... -
Texas Lawmakers Come Up With TW
Texas Lawmakers Come Up With TWIA Funding on Last Day of Session Chad Hemenway AUSTIN, Texas It took legislators... -
Insurer Complaint Data Released
The Missouri Department of Insurance's annual complaint index report has been posted at the department's... -
Steven R. Simon, P.A. Announces
MIAMI--(BUSINESS WIRE)-- Steven R. Simon, P.A. announces that it has filed a class action lawsuit against... -
Nationwide to drop Houston poli
Nationwide Property and Casualty Insurance wont renew 5,300 Houston-area home insurance policies starting...
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