Health Care D&O Rates Rise Over Obamacare Antitrust Concerns: Marsh December 16, 2013 Health care organizations paid significantly more for their directors and officers liability insurance in the third quarter of 2013 amid...
P/C Industry Supportive But Cautious on Federal Insurance Office Recommendations December 13, 2013 By Andrea Wells Insurers, agents, brokers and state regulators welcome modernization and improvements in the current regulation of insurance, but are not so...
Ascent Launches Medical Billings E&O Coverage for U.S. Healthcare Professionals December 13, 2013 Ascent Underwriting, the Managing General Agent (MGA) specialising in emerging risks, has launched a medical billings errors & omissions insurance...
Ratings Recap: Loudun Mutual, Hastings Mutual, Ellington Mutual, American Safety RRG December 13, 2013 A.M. Best Co. has upgraded the financial strength rating to ‘A’ (Excellent) from ‘A-‘ (Excellent) and the issuer credit rating...
Best Downgrades Issuer Credit Ratings of QBE’s U.S. Subsidiaries; Affirms FSR December 13, 2013 A.M. Best Co. has downgraded the issuer credit ratings (ICR) to “a” from “a+” and affirmed the financial strength rating...
AIG in Talks to Sell Aircraft Leasing Unit ILFS to AerCap December 13, 2013 Insurer American International Group is in talks to sell its jet-leasing finance business to AerCap Holdings NV, according to reports....
ACE USA Names Sutter Senior VP for Distribution Management December 13, 2013 ACE USA, the U.S. based retail operations of ACE Group, has appointed Carl Sutter as senior vice president, Distribution Management....
Federal Auto Safety Regulator Strickland to Exit December 13, 2013 By Angela Greiling Keane, Bloomberg The top U.S. auto-safety regulator will step down, as his agency investigates fires in Tesla Motors Inc. electric cars and...
Safety Regulator Completes Crackdown on Bus Companies December 13, 2013 By Jeff Plungis The U.S. Transportation Department, under scrutiny after a watchdog questioned its oversight of bus companies, pledged to do deeper investigations...
Anadarko, Kerr-McGee Liable for Pollution Costs of Spun-Off Paint Unit Tronox December 12, 2013 By Nick Brown Anadarko Petroleum Corp. and its Kerr-McGee unit acted with “intent to hinder” when they spun off Tronox, the paint materials...