U.S. Chamber of Commerce President and CEO Thomas J. Donohue recently met with BUSINESSEUROPE President Emma Marcegaglia and Director General Markus Beyrer, as well as leaders of business federations and companies from Croatia, Denmark, France, Germany, Greece, Iceland, Ireland, Italy, …
Bermuda-based AXIS Capital Holdings Limited reported net income available to common shareholders for the three months ended March 31, 2014, of $137 million, or $1.24 per diluted common share, compared with $303 million, or $2.55 per diluted common share, for …
UK-Based commercial insurance underwriting agency APC announced the launch of its dedicated Professional Indemnity (PI) underwriting team and an expanded Professional Indemnity portfolio of products. “The new team provides brokers with access to experienced PI underwriting resources and includes Paul …
Quality of Quotes. Sometimes in the hurry hurry world of the CSR or producer, an insured will request quotes for certain coverages. Whether they do so as a result of the agency using a coverage checklist or simply the client’s …
The House has approved bipartisan legislation to exempt U.S. health plans sold to expatriate workers from having to comply with requirements under the Affordable Care Act. The measure, which passed 268-150, is aimed at helping U.S. insurance companies like Cigna …
U.S. administration officials, private sector executives and privacy advocates are reviewing a draft of a bill that would encourage sharing of cybersecurity data between the government and companies, two key Senators said on Wednesday. Senate Intelligence Committee Chairman Dianne Feinstein, …
The National Weather Service said the tornado that hit the Louisville, Miss., area Monday night has a preliminary rating of EF-4. Mike Edmonston, senior meteorologist at National Weather Service in Jackson, Miss., confirmed the rating. An EF-4 rating means the …
The Florida House has rejected a proposal that could shift homeowners away from the state-backed Citizens Property Insurance and into private surplus lines insurers. The Florida Senate last week narrowly voted for a property insurance bill that would allow homeowners …
Call it a little luck or good timing – maybe a bit of both– but an insurer focused on high net worth individuals has added California to the list of states in which it does business at a time when …
U.S. Rep. Michael Grimm (R-N.Y., 11th District), who as a House Financial Services Committee member was instrumental in adopting the flood insurance relief bill and in advocating for renewal of Terrorism Risk Insurance Act, says a 20-count federal indictment against …
