Conference: Risk, Returns, Regulation, and More Regulation July 26, 2012 By Don Jergler Coming off a rough few years of recession, then a disaster prone 2011 – and then more global uncertainty in...
Selective Posts Lower Profit, Hampered by CAT Loss, Weaker Investments July 26, 2012 By Young Ha Branchville, N.J.-based Selective Insurance Group Inc. posted $0.3 million for its second-quarter profit, down from $1.5 million profit reported during...
Maine-Based MEMIC Group Names Communications Production Manager July 26, 2012 The MEMIC Group, a workers’ compensation insurer headquartered in Portland, Maine, has promoted Kelly Barden to the new position of...
Liberty Mutual: Much More Rate Hikes Needed to Correct Underpricing July 26, 2012 The upward pricing trends are continuing in the U.S commercial lines, but much more rate increases are still needed to...
2 Houma, Louisiana, Hotels to Shelter Workers After Disasters July 26, 2012 The Terrebonne Parish Council has approved contracts with two Houma, La., hotels to shelter essential parish employees after disasters —...
Rejected Emails Cause Headaches for Texas Insurance Regulators July 26, 2012 By Stephanie K. Jones The Texas Department of Insurance recently was inundated by hundreds of emails regarding homeowner insurance rates, and the department now...
Markel Programs, All Risks Offer Excess Hired/Non-Owned Auto Liability July 26, 2012 Markel Specialty Programs announced today that is has expanded its partnership with All Risks Ltd. to offer a new program...
State Farm Pulling Its Ads From Penn State Football Broadcasts July 26, 2012 State Farm is pulling its ads from Penn State football broadcasts, while General Motors is reconsidering its sponsorship deal and...
Best Affirms Lloyd’s UK, China ‘A’ Ratings; Outlook Stable July 26, 2012 A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit...
The City of Schenectady, N.Y., Demands Insurance for Dangerous Dogs July 26, 2012 Residents of Schenectady who are convicted of dog-related offenses have to buy liability insurance to pay for medical expenses of...