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Lawsuit: Flood Insurance Neglects Species Threats
PHOENIX_An environmental group is trying to slow development near ecologically fragile dry washes and desert riverbeds in Arizona by targeting the federal agency that provides the flood insurance essential to building there. WildEarth Guard... -
Ignore risk management is Risky Business: Ernst & Young
Corporate fraud, data theft, financial reporting risk-and a host of others-can cost organizations dearly, says Ernst Young in a new survey. That's why it's so important for today's businesses to get their risk management strategies right. D... -
Marsh expands its collaboration with GreenRoad provide risk services to all customers Fleet
NEW YORK--(BUSINESS WIRE)-- Marsh, the world's leading insurance broker and risk advisor, and GreenRoad, a leader in improving driving behavior, today announced that they are teaming together so that all Marsh U.S. brokerage clients will ha... -
As wildfires burn in California, The Hartford Advises owners and businesses to take precautions
HARTFORD, Conn.--(BUSINESS WIRE)-- Wildfires continue to blaze throughout California, destroying hundreds of thousands of acres and threatening communities from Los Angeles to Sacramento. As the fires encroach on populated areas, The Hartfor... -
Don't Insure Everything, Just the Things You Might Mind Losing
A new national survey commissioned by Allstate Insurance reveals college-aged adults are acquiring things at a prodigious pace. However, protecting those things is of little concern - to themselves or the parents who support them. In the stu... -
Burglars Using Social Networks To Target People Report Says 410597
Users of social networking sites are giving away vital information about themselves and their whereabouts that is being used by professional burglars to establish a list of targets. So found a survey sponsored by British insurance firm Lega... -
Swiss Re Calls On Governments To Change The Way They Handle Disaster Risk
One of the most notable things about the aftermath of any major natural disaster is the substantial gap between total losses and total insured losses. If Swiss Re has its way, this gap could narrow a great deal. The Switzerland-based reinsu... -
Illinois Ends Credit-Rescoring Mandate
Illinois Gov. Pat Quinn signed industry-backed legislation to eliminate a state mandate that insurers recheck policyholders' credit information every three years. Intended as a consumer protection, the re-scoring requirement added costs to... -
Slight Increase Proposed For Iowa Workers' Comp Rates
Citing an uptick in experience, trend and benefits, the National Council on Compensation Insurance proposed an average 2.3% workers' compensation rate increase for Iowa. The average effect on individual industry groups varies from a dip of... -
Insurance Agents Flooded With Calls
The phone has been ringing a lot at Havelock's Nationwide Insurance since Aug. 12, the day the rains came. While some have been filing claims related to the severe thunderstorm and flooding, more people are asking questions about flood insu... -
Drop in California's Workers' Compensation Spending Slows Growth in National Spending in 2007
U.S. workers' compensation payments for medical care and cash benefits for workers injured on the job increased 2.0 percent to $55.4 billion in 2007, according to a study released today by the National Academy of Social Insurance (NASI). The... -
Swiss Re Urges Governments to Prepare for Uninsured Cat Losses
Swiss Re is urging governments to close the gap between economic losses and insured losses from natural catastrophes. At Swiss Re's Nordic Risk and Insurance Summit in the Finnish capital of Helsinki, the company's chief risk officer Raj Si... -
Three Hot Topics in Catastrophe Storm Research: One Special Session Slated by FSU Catastrophic Storm
Is the nation's insurance system prepared for the Big One? Can consumers and businesses afford (or be willing) to pay for premiums to cover these kinds of losses? Should new storm-related legislation focus on state funds, reinsurers, or prim... -
Texting-While-Driving Doubles in 18 Months Among Washington Drivers
A poll by PEMCO Insurance reveals that the practice of reading and sending text messages while driving has more than doubled in the past 18 months, even while an increasing number of drivers believe the activity is unsafe. The poll, taken in... -
Hot Wheels: Vehicle Theft Continuing to Decline
Hot Wheels 2009 , the National Insurance Crime Bureau's (NICB) companion study to its popular Hot Spots auto theft report, examines data reported to the National Crime Information Center (NCIC) and determines the vehicle make, model, and mo... -
Lloyd's appoints new president of North America
Lloyd's has announced that Hank Watkins has been appointed as its new President, North America. Watkins will be responsible for all Lloyd's operations in the US and Canada, including offices in New York, Kentucky, Illinois, Los Angeles, Vir... -
Federal Regulation- Good Or Bad; Wanted Or Unwanted?
Selling the state agency that provides workers' compensation insurance could result in a long legal challenge, a former Oklahoma attorney general warned a legislative panel Wednesday. The sale of CompSource Oklahoma to a private insurance c... -
From Mickey Mouse To Medi-Spas
Since the 1950s, marketers have been targeting the Baby Boom generation to promote their wares -- everything from coonskin caps and Hula Hoops to hybrid cars and Harleys. Now the first Boomers are reaching retirement age and, unless they ha... -
Michigan Bars Insurer, Alleging Surplus Insurance Fraud
Michigan regulators charged an insurer with selling fraudulent certificates of surplus insurance and issued a cease-and-desist order banning it from doing business in the state. The order affects Novus Centuriae Inc., alleged by regulators... -
Senior House Democrats Question Insurers About Business Practices
U.S. Rep. Henry Waxman, chairman of the House Energy and Commerce Committee, and Rep. Bart Stupak, chairman of its Oversight and Investigations Subcommittee, sent letters to insurance companies, saying the committee is examining executive c...
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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... -
New structures to boost the mar
Copyright 2009 Crain CommunicationsAll Rights Reserved Business Insurance March 30, 2009 950 words New... -
Willis Group Holdings names CEO
Copyright: Business Wire Source: Business Wire Wordcount: 556 Business Editors / Insurance Writers NEW... -
When it doesn’t pay to overpa
Borrowers on ultra-low tracker mortgages are being urged to stop overpaying and instead take advantage... -
Wildfires and insurance(insuran
Natural disaster damage losses paid by insurance companies have been doubling every five to ten years... -
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... -
A Market in Flux: Insurers at R
Insurance companies are finding their sea legs in a different kind of market, the likes of which they've... -
Two veterans Corporate Risk Joi
NEWPORT BEACH, California, May 11, 2009 (BUSINESS WIRE) - Alliant Insurance Services, the nation's largest...
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Universal Property & Casual
Fort Lauderdale, FL /PRNewswire/ As a leader in the property and casualty insurance marketplace, South... -
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... -
A.M. Best Downgrades Ratings of
OLDWICK, N.J. - (Business Wire) A.M. Best Co. has downgraded the financial strength rating to B (Fair)... -
Insurance Agents and Brokers In
As the economy continues to struggle, successful insurance agents and brokers are focusing on traditionally... -
Conning Research: Property-Casu
Results of ownership of industry losses in the coming years will be determined by the recession of 2009,... -
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... -
J.D. Power and Associates Repor
Overall customer satisfaction with auto insurance companies is up significantly in 2009, driven primarily... -
AM Best Looks over AIG's Restru
AM Best has said that the ratings and outlook of the property/casualty subsidiaries of American International... -
AIG Shares Slump In Wake Of Rev
SAN FRANCISCO (MarketWatch) -- When American International Group proposed a reverse stock split earlier...
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