Risk Managers Find Santa Exposed, Urge $1 Billion Coverage Plan December 19, 2011 By Andrew G. Simpson Santa Claus will need a lot more than milk and cookies this Christmas—he’ll need about $1.2 million to pay for...
Best Places Aviva’s U.S. Subsidiaries Ratings under Review/Negative December 16, 2011 Following its rating actions on the UK-based Aviva plc, A.M. Best Co. has placed under review with negative implications the...
Best Upgrades First Hawaii Ratings to ‘A’ on Tokio Marine Takeover December 16, 2011 A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “a+” from “a” and affirmed the financial strength rating...
Highway Safety Institute Lists a Record Number of Top Safety Picks December 16, 2011 The Insurance Institute for Highway Safety announced winning vehicles for this year’s Top Safety Pick. Good news for drivers: at...
Distracted Driving Stems From More Than Cell Phone Use, Insurers Say December 16, 2011 Using a cell phone while driving is not the only distraction leading to automobile crashes today, says a group of...
U.S. Healthcare Law Keeps More Young Adults Insured December 16, 2011 U.S. healthcare reforms have enabled 2.5 million young adults to join or remain in their parents’ health insurance plans, the...
Chinese Drywall Settlement Could Reach $1B December 16, 2011 By Tom Hals Owners of thousands of U.S. homes tainted with foul-smelling Chinese drywall agreed to a legal settlement on Thursday with a...
You’d Better Watch Out – Many Holiday Party Hosts Ignore Safety Issues December 15, 2011 Many people are planning year-end holiday festivities. But a report says there are many dangers lurking at these events. And...
RIMS Tells Treasury: Industry Needs More Uniform, National Regulations December 15, 2011 A major group for risk management professionals sent a letter to the U.S. Treasury Department, asking for a bigger federal...
Fitch Says Insurers’ Capital Position Is Strong, Issues Stable Outlook December 15, 2011 Fitch Ratings said in its new 2012 outlook report that the P/C insurers’ capital position remains strong. It observed that...