How Much Is a Dad Worth? June 17, 2011 Fathers with day jobs would be paid about $34,000 while stay-at-home dads would earn about $60,000 a year, if being...
Average Long Term Care Liability Claim Rising: Aon Study June 17, 2011 Long term care liability costs are rising because the average claim size is increasing even as claim frequency declines. There...
Individuals, Not Just Corporations, Face Cyber Risks June 17, 2011 While the big news is about hacks into the CIA’s and Senate’s public websites, Citigroup and Lockheed Martin, tens of...
Another Insurer, State Farm, Reports Major Spring Storm Losses June 17, 2011 State Farm claim representatives said it has paid nearly $1.75 billion to its customers from the destructive storms of April...
Best Affirms ProAssurance and Members Ratings; Revises ICR to Positive June 16, 2011 A.M. Best Co. has revised the outlook to positive from stable and affirmed the issuer credit ratings (ICR) of “a”...
General Star Appoints Marsh US Consumer Administrator of Real Estate Programs June 16, 2011 Marsh U.S. Consumer, a service of Seabury & Smith, Inc., has been appointed the exclusive program administrator for General Star...
Willis North America Names Connolly to Head Executive Risks Team June 16, 2011 Willis North America has named John A. Connolly as practice leader for its Executive Risks unit. Connolly will be responsible...
Allstate’s April-May Catastrophe Losses Top $2 Billion June 16, 2011 Allstate Corp., the largest publicly traded U.S. home and auto insurer, said it lost $2 billion in April and May...
U.S. Industry Reserve Redundancy at $22 Billion: Aon Benfield June 16, 2011 The overall U.S. insurance industry reserve redundancy is $22.0 billion versus $21.9 billion at year-end 2009, after the industry released...
Bill to Update Small Insurers’ Tax Option Introduced in House June 16, 2011 Legislation has been introduced in the U.S. House of Representatives to adjust the tax code for about 600 small property/casualty...