P/C Industry Gave $500M to Charity in 2010, But More Can Be Done October 25, 2011 By Young Ha Here is something some people might not know about the property/casualty insurance professionals: they are very generous folks. Property/casualty insurance...
IronHealth Launches New Program to Address Medicare Reporting Requirements October 24, 2011 IronHealth, the specialty healthcare unit of Ironshore Inc., has introduced an insurance program to address the institutional risk exposure created...
AIR Updates Terrorism Insurance Model for U.S. October 24, 2011 Catastrophe risk modeling firm AIR Worldwide (AIR) has updated its terrorism model for the United States to reflect less frequent...
Home Insurance Rates Do Not Reflect Cost of Risk: Aon Benfield October 24, 2011 U.S. insurers’ prospective after-tax return on equity for homeowners’ insurance is 4.8 percent on average, a decrease from the 6.9...
Safety Crackdown Not Harming Mining Industry: Official October 24, 2011 By Vicki Smith The federal Mine Safety and Health Administration’s continuing crackdown on the coal industry hasn’t deterred the industry’s growth, director Joe...
Arch Launches New Stand-Alone EPL Product October 21, 2011 Arch Insurance Group, a subsidiary of Arch Capital Group Ltd., has launched Arch Essential EPL, a new stand-alone employment practices...
Last Chance to Participate in IJ’s Agency E&O Survey October 21, 2011 Don’t miss your chance to find out what’s been going on with insurance agents’ errors and omissions (E&O) insurance. The...
Summit Business Media Looking for New CEO October 21, 2011 Summit Business Media, which publishes The National Underwriter and other financial publications and web sites, today announced that Andrew L....
AIG Fraud Suit Against Bank of America Won’t Be Moved to State Court October 21, 2011 By Jonathan Stempel A federal judge rejected American International Group Inc.’s request to move its $10 billion mortgage fraud lawsuit against Bank of...
Chubb Profit Falls in Q3 October 21, 2011 The Chubb Corp. reported that net income in the third quarter of 2011 was $298 million compared to $572 million...