Wind Deductibles and Sandy: What It Means for Total Insured Losses November 28, 2012 By Philip S. Borba On October 29, 2012, when Hurricane Sandy made landfall along the northeast coast—a year to the day since the last...
October Disaster Loss at $1.08B: Allstate November 28, 2012 Allstate Corp. expects to report October disaster losses of $1.08 billion, mostly due to superstorm Sandy, the home and auto...
Senate Preparing New Iran Sanctions, Expanded Insurance Ban November 28, 2012 By Roberta Rampton New sanctions aimed at reducing global trade with Iran in the energy, shipping and metals sectors may soon be considered...
White House Request for Sandy Aid Expected to Include Flood Insurance Funds November 28, 2012 By David Lawder and Ian Simpson The White House is expected in the coming days to send Congress a multibillion dollar request to fund recovery from...
Allianz Global, ACTIVE Network Launch Race Registration Insurance November 27, 2012 Roughly 15% of race registrants never even make it to the starting line1. ACTIVE Network, a cloud-based Activity and Participant...
Agency E&O Outlook: Competition, Hard Market, Healthcare Effects and More November 27, 2012 By Andrea Wells Firmer insurance prices and an upward trend in agency revenues are signs of good times for most independent agencies. These...
Sandy-Damaged Vehicle Count at 230,000 November 27, 2012 The current estimate of vehicles damaged as a result of Sandy hit the 230,000 mark as claims processed by insurance...
High-Security Driver’s License Runs Into Opposition in States November 27, 2012 By Michael Gormley It was a popular idea five years ago: make sure every state had high-security driver’s licenses to thwart terrorism at...
SEC Chief Schapiro to Leave Post; Walter Named Successor November 26, 2012 The head of the U.S. Securities and Exchange Commission, Mary Schapiro, announced on Monday that she would step down from...
Onex Corp. of Canada to Acquire USI for $2.3 Billion November 26, 2012 Canadian private equity firm Onex Corp. said today it has agreed to acquire insurance brokerage USI from Goldman Sachs Group’s...