New Crash Avoidance Features Reduce Claims, Says Insurance Safety Institute July 10, 2012 Advanced crash avoidance technologies include some clear success stories when it comes to preventing crashes, insurance claim analyses by the...
With Supreme Court Ruling In, Employers Turn to Healthcare Law’s Requirements: Mercer July 10, 2012 The majority of employers in a recent survey said they had been waiting for the U.S. Supreme Court’s decision before...
Policy Counts for States’ Property Insurers of Last Resort Grew 17% in 2011: III July 10, 2012 A record-high 3.31 million residential and commercial policies were offered through state-run property insurers of last resort in the United...
Endurance Promotes Bigley to Senior VP, Head of U.S. Property Cat Reinsurance July 10, 2012 Bermuda-based Endurance Specialty Holdings Ltd has promoted David Bigley to senior vice president and head of U.S. Property Catastrophe Reinsurance....
June’s Severe Weather Losses Near $2 Billion in U.S.: Aon Benfield July 10, 2012 U.S. severe weather insurance losses were close to $2 billion in June, according to Aon Benfield’s Global Catastrophe Report. Published...
AIG Files Lawsuit Against IRS Seeking $30.2M in Tax Interest July 9, 2012 American International Group, the insurance giant saved by a massive federal bailout, wants some tax money back — from 1991....
PCS Sees Busy Cat Bond Market in 2012 Thus Far July 9, 2012 By Andrew G. Simpson With two quarters completed in 2012, the catastrophe bond market remains robust. Insurers and reinsurers issued approximately $3.6 billion in...
Facebook, Yahoo Settle Patent Claims July 9, 2012 Facebook Inc. and Yahoo Inc. agreed to forge a broad Internet advertising and licensing partnership on Friday, laying to rest...
WellPoint to Buy Amerigroup for $4.46 Billion July 9, 2012 Health insurer WellPoint Inc. will buy rival Amerigroup Corp. for about $4.46 billion to create a company that will serve...
President Obama Signs Flood Insurance Reform Bill July 9, 2012 By Andrew G. Simpson President Barack Obama has signed the “Biggert-Waters Flood Insurance Reform and Modernization Act of 2012” into law. The law extends...