‘Super Losses’ in Healthcare Sector Growing in U.S.: Hiscox March 13, 2012 The overall cost and frequency of so called $50 million plus “super losses” in the U.S. healthcare insurance sector are...
Munich Re Confirms 2011 Profit at $937 Mn; Forecasts $3.3 Bn in 2012 March 13, 2012 Munich Re’s official results largely confirm earlier estimates, made at the beginning of February. The world’s largest reinsurer, however, hopes...
South Carolina Jury Awards Family $700K in Deadly Crash with Deputy March 13, 2012 A jury has awarded $700,000 to the family of a 21-year-old man killed in a head-on crash with a Colleton...
West Virginia Passes Ban on Texting While Driving March 13, 2012 By Amanda Iacone and Lawrence Messina West Virginia lawmakers ended their 60-day legislative session over the weekend by passing agreements on fighting methamphetamine labs and targeting...
Home Value Protection Product Heads to Georgia March 13, 2012 An insurance policy for homeowners looking to protect themselves from declining home prices is rolling out in Georgia this week....
Union General Offers Homeowners Coverage March 13, 2012 Union General Insurance Services is now offering coverage for homeowners associations to California agents. The product is designed to cover...
Best Affirms RSA Canada, Subs and Holding Company Ratings March 13, 2012 A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a”...
Talbot, Abu Dhabi Insurer End Joint Venture; Continue Commitment March 13, 2012 Talbot Underwriting, Ltd., a wholly owned subsidiary of Validus Holdings, and Abu Dhabi National Insurance Company (ADNIC), a prominent insurance...
Best Report: Saudi Arabia’s Insurance Market Adapts to Change March 13, 2012 The insurance market in Saudi Arabia has changed dramatically in the past decade, with further development anticipated, according to a...
Debt Ridden India Makes More Claims on Its Insurance Giant March 13, 2012 By Swati Pandey and Vidya Ranganathan An Indian government company with more than a quarter of a billion customers has once again dug into its pockets...