Reinsurance Renewal Rates On the Decline, Reports Claim December 30, 2010 Reinsurance rates for 2011 are falling at the same or greater pace than traditional insurers and further softening of the...
11 Arrested in Florida on Staged Accident Charges December 30, 2010 A year-long investigation targeting insurance fraud has resulted in 11 arrests and three pending arrests connected with four Florida chiropractic...
How to Fix Nation’s Flood Insurance Program December 30, 2010 By Jimi Grande The Federal Emergency Management Agency (FEMA) is seeking a top-to-bottom review of the efforts to reform the nation’s flood insurance...
Lloyd’s Does Well in a Tough Year December 30, 2010 Lloyd’s year-end review shows that, like the rest of the industry it faced a number of challenges in a difficult...
Florida Student Settles Over Facebook Suspension December 30, 2010 A girl suspended from a Broward County charter school after she criticized a teacher on Facebook has settled a federal...
BP’s Gulf Spill Costs Look Manageable 8 Months Later December 30, 2010 By Chris Kahn As the Gulf oil spill gushed out of control, BP’s financial liabilities seemed big enough to sink the company. No...
Rising Rivers Prompt Evacuations of Australian Towns December 30, 2010 The military flew out a town’s entire population of 300 people by helicopter Wednesday in eastern Australia where waters continued...
Munich Re Invests $3.31 Billion in German Wind Power Plants December 30, 2010 Munich Re, via its asset manager MEAG, has concluded a significant investment deal involving wind power plants in Germany. It...
UK Homeowners Insurance is Biggest Fraud Target; $3.55 Million a Day December 30, 2010 Home insurance is now the number one target for insurance fraudsters according to the hundreds of fraudulent insurance claims exposed...
Carlyle Group Sells $860 Million Stake in China Pacific -Sources December 30, 2010 By Vikram Subhedar and Denny Thomas Carlyle Group has sold a 2.5 percent stake worth around $860 million in China Pacific Insurance (Group) Co Ltd, sources...