A.M. Best has just released a study of the Canadian insurance market, which found that the country’s P/C insurers enjoyed “another solid year,” from profitable underwriting aided by investment income and capital gains. Best warned, however, that, despite its generally …
Shanghai, China’s financial hub, has been spared the full impact of Typhoon Wipha, as the storm’s center passed around 60 miles (100 kms) to the west of the densely populated area. Wipha weakened substantially once it hit the Chinese mainland, …
Florida Chief Financial Officer Alex Sink announced the arrest of a former insurance agent who allegedly pocketed tens of thousands of dollars in premiums and left dozens of homeowners in Pasco, Hernando and Hillsborough counties without coverage during the 2004-2005 …
Employers Group has opened a new San Diego regional office. The new office, the third such office opening in the past three months, is in alignment with the association’s plan to add more offices throughout California. The office is located …
Karen Vogler of Sun Microsystems Inc. in Broomfield, Colo., has been selected as the 2007 recipient of the Lance J. Ewing RIMS and CRM Fellowship, a scholarship awarded each year at the RIMS Annual Conference & Exhibition. The fellowship, granted …
Nobody can say how many hurricanes will hit Hawaii each year, according to a climate change expert, but there’s no doubt they’ll get worse. “I can’t tell you there will be more of them,” environmental scientist Stephen Schneider told Big …
Middleton, Wis.-based Capitol today announced the formation of its new Specialty Markets Division. The focus of the division will be specialty property and casualty insurance programs throughout the U. S. The division will write property, inland marine, crime, general liability, …
Oregon has updated its administrative rules relating to assessments against insurers to fund regulatory functions. The rulemaking, OAR 836-009-0011, implements recently enacted legislation (ch. 560 Oregon Laws 2007, Enrolled HB 3484) amending ORS 731.804, and authorizes the Department of Business …
Manhasset, N.Y.-based NIF Group Inc. has opened NIF Pacific in Bothell, Wash. This office will specialize largely in insurance for nonprofit social service agencies. The company said the Pacific office will help better serve its producer base, which has expanded …
Seattle-based Safeco will be hosting a meeting with financial analysts on Thursday, Nov. 29, in New York. The event will begin at 8:30 a.m., EST and conclude at approximately 2:30 p.m. President and CEO Paula Reynolds, along with members of …
