U.S. P/C Industry 2012 Income $33.5B in Spite of $32B in Cat Losses April 26, 2013 U.S. property/casualty insurers absorbed net insured catastrophe losses of more than $32 billion last year, but still managed to post...
Aon Reports Q1 Total Revenue of $2.9B; Net Income $261M April 26, 2013 Aon summarized the results from its various operations in the first quarter of 2013 as follows: – Total revenue was...
ACE, Trust Risk Management Launch Small Healthcare Provider Program April 26, 2013 ACE USA’s Medical Risk Group has expanded its relationship with Trust Risk Management Services, Inc. (TRMS) to offer an admitted...
Defining Terrorism for Policies Not a Simple Task After Boston Tragedy April 25, 2013 There are a number of issues involved in determining whether the Boston bombings tragedy would be considered a terrorist act...
The Hartford Appoints Chief Claims Officer April 25, 2013 The Hartford recently named John Kinney as the company’s chief claims officer and also as president of Heritage Holdings, a...
New + Old = Workforce Success: Commentary April 25, 2013 By Sharon Emek For the first time in history, American companies now have five generations of employees in the workforce: the silent generation...
Remember E&O When Buying or Selling an Agency: Pearsall April 25, 2013 By Curtis M. Pearsall While the industry seemed to see a spike in mergers and acquisitions activity in 2012 due to some tax implications,...
U.S. Expected to Seek Limits on Car Touchscreens April 25, 2013 U.S. traffic safety regulators are expected to propose stronger measures to keep drivers from being distracted by in-car touchscreens. Transportation...
Most Americans Say Flood Insurance is Important But Don’t Buy It: Survey April 25, 2013 More than four in five Americans (81 percent) know that a standard homeowner’s insurance policy doesn’t cover flood damage, but...
W. R. Berkley Corp. Creates Berkley Design Professional Underwriters April 24, 2013 W. R. Berkley Corp. has launched Berkley Design Professional Underwriters to focus on liability coverage for architects and engineers, nationwide....