May 30, 2008
State insurance regulators want to centralize the filing and storage of their annual market conduct reports on insurance companies. The regulators are reviewing a proposal that would allow insurers to make one filing, as well as provide regulators the ability …
May 30, 2008
The North Carolina Medical Board will hold a public hearing next month on a proposal to post doctors’ malpractice information on its Web site. The News & Observer of Raleigh reported this week that the idea has already drawn the …
May 30, 2008
A Rhode Island Senate committee plans to vote on creating a new system for tracking medical mistakes and near mistakes after brain surgeons at Rhode Island Hospital operated three times on the wrong side of patients’ heads. The Department of …
May 30, 2008
In the wake of the devastating Sichuan earthquake, representatives from The China Insurance Regulatory Commission (CIRC), Risk Management Solutions (RMS), and China’s Institute of Engineering Mechanics (IEM) met with more than 100 representatives of the domestic Chinese insurance industry at …
May 30, 2008
Representatives from the Federal Emergency Management Agency are touring the Delaware coast to evaluate damage from recent flooding. There is no timetable for a possible disaster designation. According to representatives of Delaware’s Emergency Management Agency, 100 homes would have had …
May 30, 2008
The Starr Foundation of New York and Starr International Foundation of Switzerland have announced a joint grant to the China Charity Federation totaling $1 million for earthquake relief in China. The donation was facilitated by Give2Asia. “Our heartfelt concern goes …
May 30, 2008
France’s AXA Group reported that it is “halfway to Ambition 2012, its company-wide project launched in 2004 which aims to make AXA the preferred company of its clients, employees and shareholders.” AXA explained that it is seeking to enhance its …
May 30, 2008
A manager for a home builder that installed inadequate fire walls in more than 100 town houses in Guilford and Forsyth counties says the oversight was an “honest mistake,” not an attempt to cut costs. Portrait homes regional manager Paul …
May 30, 2008
AIR Worldwide Corporation announced that Secquaero Advisors Ltd., an investment specialist with a focus on insurance risk management and intermediation, has licensed CATRADER®, its software for analyzing catastrophe reinsurance and insurance-linked securities. “Secquaero will use CATRADER to better assess and …
May 30, 2008
Bermuda-based Endurance Specialty Holdings Ltd. announced today that Daniel M. Izard will be retiring from his position as Chief Operating Officer, effective September 1, 2008. Izard, a former Air Force pilot, joined Endurance from Associated Aviation Underwriters, a joint venture …