Latest Profit Loss Headlines
All the headlines from our Profit Loss Topic Page, ordered by recency.
National Council on Compensation Insurance proposes increase for workers’ comp loss cost rates
Dec 24 2006 // The National Council on Compensation Insurance has submitted a filing for an average increase of 3.4 percent for workers’ compensation voluntary insurance loss costs in Nevada, according to state Insurance...
Global warming represents watershed event for insurance industry
Dec 24 2006 // At various points in history — the Great Dust Bowl of the 1930s, urban riots of the 1960s, and terrorism today — watershed events or trends ushered in structural changes within the U.S. insurance industry....
Global warming represents watershed event for insurance industry
Dec 24 2006 // At various points in history — the Great Dust Bowl of the 1930s, urban riots of the 1960s, and terrorism today — watershed events or trends ushered in structural changes within the U.S. insurance industry....
2006 New Markets Report
Dec 24 2006 // E&O, Professional/Management Liability New P/C Insurance Agents’ E&O Rockwood Programs partnered with certain underwriters at Lloyd’s of London to offer professional liability coverage specifically...
2006:a big year for P&C buyers and sellers of all shapes and sizes
Dec 24 2006 // JANUARY Hallmark Acquires Fort Worth, Texas-based Hallmark Financial Services Inc. has completed its acquisition of Aerospace Holdings LLC, which markets general aviation insurance products. Hallmark underwrites...
Colorado Airport Singing Holiday Blues; Losses Just Now Rolling In
Dec 22 2006 // Stranded travelers lined up at ticket counters at snowbound Denver International Airport early Thursday, hoping to get out of town amid a powerful snowstorm that paralyzed Colorado’s biggest cities with up to 2 feet...
Ark. Starts Insurance Program for Low-Income Workers
Dec 22 2006 // Low-income workers without health insurance are the targets of a new program announced by Arkansas officials. Enrollment began Dec. 20 for a program partly paid by Medicaid dollars that will eventually offer insurance to...
Best Affirms Zurich’s ‘A’ Ratings
Dec 21 2006 // A.M. Best Co. has affirmed the financial strength rating (FSR) of “A” (Excellent) and the issuer credit rating (ICR) of “a+” of Zurich Insurance Company, the main operating company of...
Report: Growth in Health Premiums Outpaces Earnings in Wyoming
Dec 20 2006 // Health care premiums grew about six times faster than earnings for Wyoming workers from 2000 to 2006, according to a report issued Monday by a consumer group. Families USA found that annual premiums for family health care...
Pacific Northwest Storms Cause 14 Deaths, More Than $500 Million in Losses
Dec 20 2006 // The winter storm that struck the Pacific Northwest last week is responsible for 14 deaths and is receiving the unfortunate recognition of the worst winter storm in 13 years, according to catastrophe risk modeling company...
Workers’ Comp Loss Costs, Assigned Risk Rates Going Down in N.H.
Dec 20 2006 // The New Hampshire Insurance Department has approved a workers’ compensation voluntary loss cost decrease of 0.9 percent on average along with a reduction in assigned risk rates of 0.6 percent. The new figures go into...
LIG Marine Loss of Hire Program Helps Owners of Damaged Vessels
Dec 20 2006 // LIG Marine Managers has released a new Loss of Hire Program designed to pay for continuing expenses and loss of profits to vessel owner clients while their vessels are unable to work after a claim. Similar to Business...
ACE Details Brandywine Loss Reserves
Dec 18 2006 // ACE Limited has published additional details from the annual internal and biennial external reviews of the Company’s Brandywine run-off loss reserves, including asbestos and environmental liabilities. The details are...
NCCI Proposes Increase for Workers’ Compensation Loss Costs
Dec 15 2006 // The National Council on Compensation Insurance has submitted a filing for an average increase of 3.4 percent for workers’ compensation voluntary insurance loss costs, according to Nevada Insurance Commissioner Alice...
Conn. Approves Slightly Lower Workers’ Comp Loss Costs
Dec 15 2006 //
Bolton & Co:Providing resources for customers produces profits
Dec 11 2006 // Developing a Web presence is not the primary focus at Bolton & Co. Insurance Brokers — developing the skills of employees and building relationships with customers is the chief concern. After all, when employees...
Understanding D&O risks, exposures and insurance options
Dec 11 2006 // What do a parent advisory board, parish council, the United Way and local athletic club have in common? They are all nonprofit organizations. Most people serving on the board of such organizations are volunteers who...
N.Y. auto profits hit
Dec 11 2006 // Auto insurance companies are profiting at unprecedented levels from New York drivers who are spending more on insurance premiums while the industry pays out less in claims, New York City Comptroller William C. Thompson Jr....
Conn. pursues loss mitigation, market alternatives for coastal homes
Dec 11 2006 // Home insurers in Connecticut may no longer require permanently installed storm shutters as a condition for writing or renewing policies but must offer consumer choices of loss mitigation controls and deductibles, according...
Understanding D&O risks, exposures and insurance options
Dec 10 2006 // What do a parent advisory board, parish council, the United Way and local athletic club have in common? They are all nonprofit organizations. Most people serving on the board of such organizations are volunteers who...
