How to Manage the Winds of Change for High Net Worth Clients August 16, 2013 By Jerry Hourihan As insurance professionals, we’re in the business of anticipating and responding to severe weather. However, heightened activity in recent years...
Travelers, Virginia Tech Transportation Institute Discuss Top Trends in Trucking August 15, 2013 The Travelers Companies Inc. and the Virginia Tech Transportation Institute (VTTI) recently co-hosted a symposium where research on some of...
Report: More Reforms Needed for Flood, Wind Insurance Programs August 15, 2013 A new report this week from the Union of Concerned Scientists, a watchdog group, warns that sea level rise and...
Best Affirms Liberty Mutual and Subs Ratings; Outlook Stable August 15, 2013 A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a”...
BP Asks Judge to Deny Investors’ Class-Action Spill Suit Bid August 15, 2013 BP Plc asked a federal judge to deny U.S. investors the right to pursue a class action, or group, lawsuit...
Evacuations Start at Some U.S. Gulf Offshore Operations on Storm Threat August 15, 2013 Some Gulf of Mexico oil and gas operators began evacuating workers from offshore facilities on Thursday as a low-pressure system...
Insurers, Government Grapple with Costs of Growth in Wildland-Urban Interface August 15, 2013 By Matt Haldane The summer of 2013 has been another severe fire season for the United States, a trend that has insurance companies...
CFC Enhances Management Liability Policy August 15, 2013 Specialist lines underwriting agency CFC Underwriting has upgraded its management liability policy, ExecSurance ML. ExecSurance ML is a management liability...
Meadowbrook Estimates Impairment at $115.4 Million After Downgrade August 14, 2013 By Megan Hickey Meadowbrook Insurance Group Inc., the insurer whose rating was cut by A.M. Best Co. this month, took a provisional impairment...
Gridiron Insurance Underwriters Launches New Inland Marine E-Portal Product August 14, 2013 Gridiron Insurance Underwriters, Inc., a program manager that specializes in program business on a regional and national basis through select...