Hurricane Center Seeks to Improve Storm Surge Warnings November 30, 2012 By Jane Sutton Friday marks the end of an Atlantic-Caribbean hurricane season where the greatest devastation was caused by water rather than wind,...
Ratings Recap: Zurich America, Prism, FAIRCO, American Standard November 30, 2012 A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of...
Congressional Leaders Push to Pass Farm, Crop Insurance Bill November 30, 2012 With time running out, agricultural leaders in Congress vowed on Thursday to do everything they can to pass a farm...
U.S. Regulators Urge Flexibility in Basel III Rules for Banks, Insurers November 30, 2012 By Emily Stephenson U.S. lawmakers and state financial regulators on Thursday called on federal officials to revamp proposed rules that would force financial...
Health Care Workers’ Comp Claim Severity On the Rise: Aon November 29, 2012 Workers’ compensation claim frequency is expected to decrease but claim severity will rise in 2013 for the health care industry,...
Liability Insurance Shows Signs of Deteriorating Performance: Conning November 29, 2012 The benign period for liability insurance results may have run its course. Current trends in loss frequency, tort filings, and...
Goverment Allows WellPoint Purchase of Amerigroup November 29, 2012 WellPoint Inc. can move forward with its $4.5 billion purchase of health insurance rival Amerigroup Corp after Amerigroup alleviated antitrust...
Torus Survey: Top Issues in Management Liability & Professional Lines Market November 29, 2012 A recent survey* undertaken by global specialty insurer Torus has highlighted a myriad of current issues facing the management liability...
Aon Launches Replacement Flood Coverage Call Option November 29, 2012 Aon Risk Solutions, the global risk management business of Aon plc has created Flood Secure Flex, a new call option...
AAIS Names Esmond Senior Director of Customer Engagement November 29, 2012 The American Association of Insurance Services (AAIS) has appointed Truman Esmond, of Denver, Col., to the newly-created position of senior...