Report: Wildfires Pose Risk to Three-Quarter-Million Western U.S. Homes September 10, 2012 By Don Jergler More than three-quarters of a million homes in the Western U.S. have a high risk of wildfire damage, according to...
Reinsurance Rendezvous Focuses on Euro Zone, Interest Rates, Capital September 10, 2012 By Charles E. Boyle For once there’s no natural catastrophe hanging over the annual Reinsurance Rendezvous in Monte Carlo (the 56th edition). Tropical storm...
Court Rules Employers Must Reassign Disabled Workers to Vacant Jobs September 10, 2012 By Jonathan Stempel A federal appeals court has revived an Equal Employment Opportunity Commission lawsuit against United Airlines Inc., and said U.S. law...
Asia’s Insurers Hiring While Bankers Face the Axe September 10, 2012 By Clare Baldwin Slowing economic growth across much of Asia has failed to crimp expansion plans by the region’s insurance companies, even as...
Treasury Launches $18 Billion AIG Stock Offering September 10, 2012 By David Henry and Soyoung Kim The U.S. Treasury Department said it will sell most of its stake in insurer American International Group Inc., making the...
GEICO to Sell Commercial Auto Coverage Direct to Customers in N.Y. September 10, 2012 Business owners in New York can now purchase commercial auto coverage directly from GEICO, which could lead to lower premium...
OneBeacon Announces New Surety Group September 10, 2012 OneBeacon Insurance Group, Ltd. has launched its newest specialty business—OneBeacon Surety Group. The new business will be managed by OneBeacon...
Grinnell Mutual Promotes Menary, Eaves September 10, 2012 Jeff Menary has been named vice president of Reinsurance at Grinnell Mutual Reinsurance Co., located in Grinnell, Iowa, and Kurt...
Hurricane Ike Claims Still Being Filed Four Years Later September 10, 2012 Nearly four years after Hurricane Ike made landfall near Galveston Island, coastal residents are still filing claims and hundreds of...
Texas Mutual Pays $355K Dividend to Apartment Group September 9, 2012 Texas Mutual Insurance Company announced that the Texas Apartment Association (TAA) safety group earned a $355,922 dividend. The workers’ compensation...