Liberty Mutual Continues Fight with AIG As Other Insurers Settle January 10, 2011 By Andrew G. Simpson American International Group has negotiated a $450 million settlement with seven of its competitors in the protracted litigation over its...
Economist: Oregonian Insurance Agents Can Expect Unsettling Year January 7, 2011 Oregonians should expect a long slow recovery from the recession, and it will be years before the economy returns to...
Calif. Commissioner Asks Blue Shield to Delay Rate Increases January 7, 2011 California Insurance Commissioner Dave Jones has called on Blue Shield of California to delay its implementation of a new round...
Recent Calif. Regulator Actions Create Insurance Agent/Broker Concerns January 7, 2011 Reflecting on Calif. Insurance Commissioner Dave Jones’ recent emergency order to enforce medical loss ratio rules requiring insurers to limit...
Swiss Re Places $97 Million Windstorm Cat Bond for Groupama January 7, 2011 Swiss Re Capital Markets has successfully structured and placed €75 million [app. $97 million] of notes issued by Green Fields...
Ratings Recap: Computer, FirstComp January 7, 2011 A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Providence...
Oklahoma Insurance Commissioner-Elect Names Staff Members January 7, 2011 Incoming Oklahoma Insurance Commissioner John Doak has appointed 10 members of his staff to lead the Oklahoma Insurance Department. Joining...
Wholesale Brokerage R-T Specialty Opens Dallas, Texas Office January 7, 2011 R-T Specialty, LLC (RT), the wholesale brokerage arm of Ryan Specialty Group LLC (RSG) has opened a new office in...
Krisanits Joins Old National Insurance as Regional President January 7, 2011 Frank Krisanits has joined Indiana-based Old National Insurance as its Evansville region president. He will lead the insurance teams in...
Missouri Lawmakers Pledge to Aid Businesses in 2011 January 7, 2011 By David A. Lieb The Missouri Legislature convened its 2011 session on Jan. 5, 2011, with many new faces, a looming budget shortfall and...