Weak 2013 Hurricane Season Coming to a Close November 27, 2013 By Tony Winton The 2013 Atlantic season has delivered the fewest hurricanes since 1982, U.S. forecasters said, despite their predictions in May that...
Gorman Named Interim CEO at Cooper Gay Re Following Carlier’s Quick Exit November 27, 2013 Cooper Gay Swett & Crawford (CGSC) has named Peter Gorman as interim chief executive officer of its North American subsidiary...
Banks Facing $100B More in Costs to Settle Mortgage-Related Cases: S&P November 27, 2013 The largest U.S. banks may need to pay out up to an additional $105 billion to settle legacy mortgage-related issues,...
Obamacare Proposal Boosts Payments to Insurers for Sicker Policyholders November 27, 2013 The U.S. government is proposing compensation to help insurers participating in Obamacare health exchanges who fear that their costs will...
Zurich North America Names Barrett Senior VP on Trade Credit Insurance Team November 27, 2013 Zurich in North America has announced the appointment of Anthony Barrett as senior vice president and head of Short Term...
Sun Life Signs Car, Home Insurance Referrals Deal with Belairdirect November 27, 2013 Sun Life Assurance Co. of Canada and Intact Financial Corp. announced a referral arrangement to provide Sun Life’s customers in...
10 Former Players Sue National Hockey League Over Concussions November 27, 2013 By Sophia Pearson The National Hockey League was sued by former players accusing it of concealing the risk of severe brain injuries three...
Generali CEO Greco Targets Cost Reductions to Boost Capital November 27, 2013 By Francesca Cinelli and Sonia Sirletti Assicurazioni Generali SpA, Europe’s third-largest insurer, plans to cut an extra 150 million euros ($204 million) of costs by 2015...
Commissioner Denies TWIA’s Request to Raise Liability Limits November 26, 2013 The primary windstorm insurer for Texas coastal properties won’t be raising limits of liability next year for property it covers....
General Star Adds Six New Coverages to Healthcare Product Line November 26, 2013 General Star Management Co. has launched a new Healthcare Facilities Choice endorsement. The protection is available on miscellaneous healthcare facilities...