Insurance News from July 27, 2005
National News
OneBeacon Sells National Farmers Union to QBE
OneBeacon Insurance Group in Boston has agreed to sell its National Farmers Union...
Insurers Unveil ‘Market-Based’ Proposals to Boost Private Terrorism Insurance
Key Elements of PCI’s ‘Market-Based’ Plan for Terrorism Risk Insurance
Greater N.Y. Mutual CEO Makes Case for Terror Coverage; NAMIC Suggests Britain’s Pool Re as Model
New Underwriting Tool Could Improve Competitiveness in Urban Markets
International & Reinsurance News
A.M. Best Affirms ‘A’ Excellent Rating for Lloyd’s
A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and the...
East News
Pa. Court Strikes Down ‘Deep Pockets’ Tort Reform
A Pennsylvania court has ruled unconstitutional a key component of tort reforms enacted...
West News
SeaBright Insurance Holdings Reports Second Quarter 2005 Results
SeaBright Insurance Holdings Inc. announced results for the second quarter ended June...
Southeast News
Florida DFS Warns of Bogus Homeowners Insurance Sales
The Florida Department of Financial Services has received reports of an unlicensed...
Texas / South Central News
Okla. Orders Bonding Company to Cease and Desist
Oklahoma Insurance Commissioner Kim Holland announced she is ordering Global Bonding to...
Midwest News
Mo. Malpractice Claims Drop While Premiums Rise, Study Says
Medical malpractice insurers paid out significantly less in claims to Missouri...