Newsbriefs

TOUGH TIMES FOR MED-MAL

Decreases in investment income, coupled with increases in the severity of lawsuits and the rising costs of reinsurance, are likely...

IIAA LAUNCHES INSURBANC

The Independent Insurance Agents of America (IIAA) announced the launch of InsurBanc, a unique federal savings bank that consumers can...

TOUGH TIMES FOR MED-MAL

Decreases in investment income, coupled with increases in the severity of lawsuits and the rising costs of reinsurance, are likely...

RELIANCE SENT TO REHAB

Financially troubled Reliance Insurance Company was placed into rehabilitation on May 31 at the request of the Pennsylvania Insurance Department....

USE IT OR LOSE IT

According to the results of a recent study, property/casualty insurers are no longer using the Internet to simply provide information...

LOOKING OUT FOR HURRICANES

Five to seven hurricanes could strike the Caribbean and southeast U.S. coasts this year, the National Oceanic and Atmospheric Administration...

HAZARDS OF WASTE

Legislation recently passed the U.S. House of Representatives that would provide Superfund liability protection for small businesses that disposed of...

CNA TEAMS WITH MARKETSCOUT

Capitalizing on CNA’s underwriting skills and MarketScout’s eInsurance distribution system, the two companies will provide independent agents access to an...

RATES ON THE RISE

A recent Conning & Company survey of insurance agents and brokers across the U.S. indicates that price increases have continued...

TO BE OR NOT TO BE CAPTIVE

Despite recent reports, Lloyd’s hasn’t made any decision as to whether it will exit the captive market. The issue is...

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