The National Weather Service Storm Prediction Center said it is adding two threat levels to its weather outlooks so people aren’t surprised by really bad storms on days with just a “slight risk” of tornadoes, hail or high winds. Beginning …
If former Republican Gov. Charlie Crist is elected governor as a Democrat in November, all seven state Supreme Court justices might be his appointments. If Republican Gov. Rick Scott is re-elected, he could completely reshape the court that has frustrated …
Swiss Re Corporate Solutions has named Robley Moor as head of casualty North America. With this appointment, Moor becomes managing director. He succeeds Daniel Vetter, who is promoted to global head of casualty in the Products & Global Markets unit …
Homeowners with poor credit pay 91 percent more for homeowners’ insurance than people with excellent credit, according to a study by an online insurance shopping service. The report by insuranceQuotes.com also found that homeowners with median credit pay 29 percent …
Nationwide Mutual Insurance Co.’s property/casualty arm performed solidly in the 2014 second quarter, despite the Polar Vortex and major storm activity that hampered earnings over the first six months of the year. The Ohio-based privately-held mutual insurer booked more than …
A move by personal credit score provider FICO to leave out or discount medical debt from its scores will boost the credit record of many borrowers, while helping lenders to better assess risk. The company, formerly known as Fair Isaac …
Berkshire Hathaway has hired two senior executives from American International Group’s Asia operations to boost its insurance business in the region, the Wall Street Journal reported citing people familiar with the matter. Berkshire Hathaway has hired Marc Breuil, who headed …
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has issued a bulletin, which notes that Tropical Storm Bertha’s passage east of the southern Lesser Antilles did not produce any losses for CCRIF members, according to its loss calculation protocol. The announcement …
The 15 participating members of the Association of Bermuda Insurers and Reinsurers (ABIR) reported a record high contract certainty rate for insurance contracts at 99.0 percent. The year end 2013 results also showed a strong result for reinsurance contracts at …
Talanx AG, Germany’s third-biggest insurer, said second-quarter profit dropped 19 percent on lower investment income. Net income declined to €165 million ($220 million) from €204 million [$272.6 million] a year earlier, the Hanover, Germany- based insurer said in a statement …
