Senate Overhauls Farm Subsidies, Crop Insurance But Time Running Out June 21, 2012 By Charles Abbott The Senate approved sweeping new U.S. farm legislation on Thursday that would cut almost all traditional farm subsidies while expanding...
Looming Agent Retirements: Carriers Face Major Turnover June 21, 2012 More than 25 percent of independent agency owners and principals are planning to retire or change careers and sell their...
Chartis Introduces Loss Prevention Services for Private Client Group Yacht Clients June 21, 2012 Chartis has introduced a suite of loss prevention services for yacht insurance clients within its U.S. Private Client Group. Claims...
The Business of Insuring Correctional Facilities June 21, 2012 By Andrea Wells Montana State Prison inmate files suit for $2.2 million in federal court after he injures a toe when his foot...
Rise of Gadgets Doubles Costs of Lightning Damage – I.I.I. June 21, 2012 The cost of insurance claims for lightning strikes nearly doubled between 2004 and 2011, even as the actual number of...
Ratings Recap: Auto Owners, Stonebridge, Tokio Marine (U.S.), Courtesy, Young America, Old Glory June 21, 2012 A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+”...
Best Affirms Ratings of Eastern Insurance Holdings and Subs June 21, 2012 A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a”...
Facebook Fiasco, ‘Blank Check’ Companies Disrupt IPO Insurance Market June 21, 2012 By Amy O'Connor The Facebook initial public offering (IPO) fallout is just getting started, but its effects are already being felt in the...
Rockwood Programs Launches New EPLI Product June 20, 2012 Rockwood Programs, Inc. has been appointed to serve as the national administrator of a new employment practices liability insurance (EPLI)...
Actuaries: Health Costs to Go Up No Matter What Court Decides on Law June 20, 2012 As the country awaits the highly anticipated ruling by the U.S. Supreme Court to uphold or overturn the Patient Protection...