P/C Industry Depends Too Much on Catastrophe Models, Says Pioneer Clark April 14, 2011 By Andrew G. Simpson Catastrophe models are a great risk management tool for property/casualty insurers but even the person who created the first one...
Credit Raters Triggered Financial Crisis, Says Senate Report April 14, 2011 By Rachelle Younglai and Sarah N. Lynch Moody’s Corp. and Standard and Poor’s triggered the worst financial crisis in decades when they were forced to downgrade the...
Target Markets Announces Program Business Research Project April 14, 2011 The Target Markets Program Administrators Association (TMPAA) will begin research to document the size, characteristics, growth and other base-line information...
Juhas Named to Head AIG Strategic Planning April 13, 2011 Peter Juhas has been named head of Strategic Planning by American International Group Inc. (AIG). Juhas will be responsible for...
Freedom Specialty Insurance Introduces Excess Policy April 13, 2011 Freedom Specialty Insurance Co. has launched its First Choice excess policy form. The coverage includes: Policy follows “followed policy,” easy...
Take1 Insurance Launches Coverage for ‘Docu-Soap’ Television Producers April 13, 2011 Take1, entertainment division of the U.S. Risk Insurance Group, will now cover “docu-soaps,” a new segment of the television production...
Auditors Cite Catholic Church’s Lapses in Child Abuse Prevention April 13, 2011 Auditors hired by the U.S. bishops to check child safety in America’s Roman Catholic dioceses each year warned in a...
U.S. Hospital Safety Plan Could Save Lives, Dollars: Officials April 13, 2011 A hospital patient care and safety initiative aimed at preventing medical errors and hospital-acquired infections could save thousands of lives...
How Health Reform Will Affect Workers’ Comp, Liability Insurance April 12, 2011 The federal health reform enacted last year will bring short- and long-term challenges to employers and the property/casualty insurance industry....
P/C Insurers Weigh International Expansion for Growth April 12, 2011 The economy is recovering, but not enough to overcome a persistent soft market and spark robust premium growth, a new...