New Crash Avoidance Features Reduce Claims, Says Insurance Safety Institute July 10, 2012 Advanced crash avoidance technologies include some clear success stories when it comes to preventing crashes, insurance claim analyses by the...
With Supreme Court Ruling In, Employers Turn to Healthcare Law’s Requirements: Mercer July 10, 2012 The majority of employers in a recent survey said they had been waiting for the U.S. Supreme Court’s decision before...
Policy Counts for States’ Property Insurers of Last Resort Grew 17% in 2011: III July 10, 2012 A record-high 3.31 million residential and commercial policies were offered through state-run property insurers of last resort in the United...
Tyner Receives Customer Service Award from Independent Insurance Agents of Texas July 10, 2012 Independent Insurance Agents of Texas (IIAT) announced that Susan Tyner, commercial marketing account executive for Allred Thompson Mason Daugherty, a...
Best Assigns ‘A-‘ Ratings to S.A.C. Re, Ltd.; Outlook Stable July 10, 2012 A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” to newly...
Guy Carp’s July 1 Renewals Report: ‘Plentiful Capacity;” Low Insured Losses July 10, 2012 According to a report from Guy Carpenter the July first reinsurance renewals “took place against a backdrop of plentiful capacity,”...
S.A.C. Re Begins Operations in Bermuda; $500 Million in Capital July 10, 2012 S.A.C. Re, Ltd. announced that it has commenced operations with $500 million of contributed capital, raised in a private placement...
Kerr to Head BMS Growth in Australia, Asia-Pacific July 10, 2012 Global broker BMS Group announced that it has “achieved another major strategic goal with the appointment of respected Australia-based facultative...
US Lawmaker Asks Tuvalu to Stop Reflagging Iran Oil Tankers July 10, 2012 A prominent U.S. lawmaker has asked the small South Pacific island nation of Tuvalu to stop reflagging Iranian oil tankers...
Euro Zone May Be Fragmenting Faster than EU Can Act July 10, 2012 By Paul Taylor Signs are growing that Europe’s economic and monetary union may be fragmenting faster than policymakers can repair it. Euro zone...