-
Industry Calls Validity of Florida Mitigation Discounts Into Question
State Farm Florida will not be permitted to reduce state mandated discounts given to policyholders for fortifying their homes against storm damage but the debate surrounding the discounts is alive and well. According to the Florida Associati... -
Malpractice Insurance Freeze Extended In NY
ALBANY, N.Y._Gov. David Paterson has signed legislation to freeze medical malpractice insurance rates in New York for another year, but the state's largest insurer said it leaves the company financially weaker while efforts to resolve malpra... -
After Quarters of Earnings Pain, AIG is Back in Black
Look up the PowerRating of AIG and see how it has performed over the past week as well as the current proprietary PowerRating. NEW YORK, Aug 07, 2009 (A. M. Best via COMTEX) AIG | Quote | Chart | News | PowerRating American International Gr... -
AIG Names Harvey Golub As Non-executive Chairman Of Its Board
The board of directors of insurance and financial services company American International Group Inc (AIG) (NYSE:AIG) disclosed on Thursday that director Harvey Golub will take over from retiring chairman and CEO Edward M. Liddy as non-execut... -
Connecticut Regulators OK Rate Hikes Lower Than Anthem Sought
Caught between an angry public and insurer citing soaring medical expenses, Insurance Department of the state has not made both sides happy Thursday when he rejected a request for rate hike Anthem Blue Cross and Blue Shield health policy. I... -
AIG reports 2Q Profit, First Since 2007
NEW YORK_American International Group Inc. reported its first quarterly profit since 2007 on Friday that the government controlled by the insurer saw the value of certain of its assets recover degraded. AIG said in its basis of the results... -
Study: Midsize Cars In Low-speed Crashes Costly To Fix
Drivers of new midsize cars will take a big financial hit if they get into traffic accidents even at speeds as low as 3 mph, according to a new study. A crash-test study of midsize cars showed that even at low speeds of up to 6 mph, the chea... -
Travel Survey Finds Americans Suffering from ‘Vacation Deficit’
RICHMOND, Va.--(BUSINESS WIRE)-- When someone thinks of a deficit, they think of budget woes. But a new survey finds that the United States is in the throes of a serious vacation deficit. According to a just-released survey of travelers... -
AIR Worldwide Updates its U.S. Earthquake Model to Reflect Significant Advances in Science and Engine
BOSTON--(BUSINESS WIRE)-- Catastrophe risk modeling firm AIR Worldwide Corporation (AIR) announced the availability of an update to its probabilistic earthquake risk model for the United States. The model is used by insurers, reinsurers, cor... -
Last-resort Insurer Wants Rates Raised
Aug. 5--Thousands of homeowners who have policies with the state's insurer of last resort could see another double-digit rate increase later this year. The board of the Texas Fair Access to Insurance Requirements Plan voted Tuesday to ask st... -
NAIC's Insurance Compact Amends Filing Rule
The Interstate Insurance Product Regulation Commission is giving insurers extra time to transition some of their systems to the standards used for the National Association of Insurance Commissioners' compact. The IIPRC, better known as the... -
Insurance Coverage On The Final Frontier; Space Tourism A Giant Leap For Insurers
As last weeks 40th anniversary of the moon landing focused attention on the future of manned space flight, observers said early providers of space tourism would face expensive pricing for property and liability cover and possibly scarce capa... -
South Carolina Report Finds Captive Concerns
South Carolinas top insurance regulator says the states insurance department has addressed or is working to correct concerns about the states captive insurance regulation raised in a report from South Carolinas Legislative Audit Council. The... -
Philadelphia Insurance Companies Named to 2009 Ward's Top 50
Philadelphia Insurance Companies was selected to the 2009 Ward's 50 group of the top performing property-casualty insurance companies in the industry for the 9th year in a row. Ward Group, based out of Cincinnati, completed the in-depth revi... -
Fitch Releases Special Report on Analyzing Prior Period Loss Reserves
In a new report, Fitch Ratings discusses property/casualty insurer loss reserves for older underwriting periods, and challenges in assessing reserve strength for insurers with longer tail claims liabilities. Reserves from accident years befo... -
House Passes National Flood Insurance Program Extension
Big I commends passage and calls for updates to NFIP that protect homeowners and small businesses WASHINGTON, D.C., July 29, 2009 The Independent Insurance Agents Brokers of America (the Big I) today commended the passage of the National Fl... -
Billionaire Insurance Exec Attacks Middle Class With Ballot Initiative to Increase Auto Insurance Pre
SANTA MONICA, California, July 30 / PRNewswire-USNewswire / - The billionaire chairman of Los Angeles-based Mercury Insurance Company organized a ballot measure that would legalize surcharges of hundreds of dollars for car insurance, to pen... -
Steven R. Simon, P.A. Announces Filing of Class Action Suit against the Hartford for Underpayment of
MIAMI--(BUSINESS WIRE)-- Steven R. Simon, P.A. announces that it has filed a class action lawsuit against Hartford Insurance Company of the Midwest in Broward County Circuit Court yesterday. The lawsuit alleges that The Hartford refused to p... -
Rain, Rain Go Away, Or Insurance Will Have To Pay
For those irritated, distraught and downright angry that rain has dampened their vacation, there is insurance available for the interruption of sunshine. Aon France has partnered with French-based travel-planning groups Pierre et Vacances an... -
Sour Economy Squeezes Buyers, Brokers Alike
INSURANCE BROKERS of all sizes agree that times are tough for them and their clients. The economic recession that began in late 2007 has created big challenges in the brokerage industry, as we report beginning on page 11. Most firms have had...
-
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
-
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...
Headlines
Insurance News Health Insurance Life Insurance Property Insurance Casualty Insurance Car Insurance Travel Insurance Reinsurance News Breaking News Law&Regulation insurance videos insurance jobs
Contact Us | Privacy Policy | Sitemap | Rssmap
Use of this website signifies your agreement to the Terms of Service and Privacy Policy insurancenewsnet.org All rights reserved.
