Hurricane Irene Seen Skirting Florida, Possibly Landing in Carolinas August 23, 2011 By Manuel Jimenez Hurricane Irene was expected to strengthen over the next few days and could hit the southeastern United States as a...
Ratings Roundup: Continental Re, African Re August 23, 2011 A.M. Best Europe – Rating Services Limited has upgraded the financial strength rating to ‘B+’ (Good) from ‘B’ (Fair) and...
UK’s Collinson Appoints Scott Wholesale Sales and Strategy Director August 23, 2011 The London-based Collinson Insurance Group has appointed Steve Scott to the newly created post of Wholesale Sales and Strategy Director...
Hurricanes May Be Catalyst for Insurance Rate Increases August 23, 2011 By Ben Berkowitz Hurricane Irene, threatening to become the first hurricane to hit the United States in three years, could be the catalyst...
Insurers Contribute over $17 Billion to UK Economy August 23, 2011 The Association of British Insurers notes that the industry made a “total contribution of £10.4 billion [$17.21 billion] to the...
ACE Expands Terrorism, Political Violence Team; Biggas is New Underwriter August 23, 2011 ACE announced from its London office that it has appointed Marie Biggas to the position of underwriter for terrorism and...
Insurer Sued for Refusal to Hire North Carolina Man in Drug Program August 23, 2011 The U.S. Equal Employment Opportunity Commission has sued a national insurance company, contending the firm violated federal law by refusing...
U.N. Nuclear Chief Sees Added Safety Costs As Manageable August 23, 2011 By Fredrik Dahl Planned steps to boost global nuclear safety after Japan’s Fukushima disaster will not lead to any major increase in costs...
Dudonis Named Vice President at United Fire & Casualty Co. August 23, 2011 United Fire & Casualty Co., based in Cedar Rapids, Iowa, announced that East Coast Regional Office Branch Manager Ray Dudonis...
No Punitive Damages After Wrongdoer’s Death, Iowa Supreme Court Affirms August 22, 2011 Punitive damages may not be recovered from the estate of a “wrongdoer,” the Iowa Supreme Court has ruled. The Court’s...