P/C Industry Should Not Expect Traditional Hard Market Soon: Hartwig June 26, 2012 Although insurance rates have been drifting upward in recent months, the property/casualty industry is unlikely to see a return to...
Obama Lends Support to Senate Flood Insurance Bill June 26, 2012 By Andrew G. Simpson The Obama Administration has signaled its support for a Senate bill (S.1940) to reauthorize the National Flood Insurance Program (NFIP)....
Customer Satisfaction with Auto Insurers at New High: J.D. Powers June 26, 2012 Overall customer satisfaction with auto insurance companies has reached an all-time high, according to the J.D. Power and Associates 2012...
Best Special Report on Russia Says ‘Insurance Revolution Begins to Gain Pace’ June 26, 2012 A.M. Best ahs issued a special report – “Russia’s Insurance Revolution Begins to Gain Pace,” which notes that “insurance penetration...
XL Group Launches New Website June 26, 2012 XL Group plc announced the launch of its newly redesigned website from its Dublin headquarters. “The new site presents a...
Best Affirms Ratings of ACE European Group Limited June 26, 2012 A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A+’ (Superior) and the issuer credit...
AXIS Appoints Butt to Replace Charman as Chairman June 26, 2012 Bermuda-based AXIS Capital Holdings Limited announced that its Board of Directors has appointed Board member and former Chairman Michael A....
So. Korea to Halt Iran Oil Imports as EU Insurance Ban Bites June 26, 2012 By Meeyoung Cho South Korea became the first major Asian consumer of Iranian crude to announce a halt to imports after the government...
Europe’s Tower of Babel Hampers Solution to Euro Crisis June 26, 2012 By Paul Taylor As Europe considers a leap towards closer integration to try to save the euro single currency, it resembles the biblical...
Tropical Storm Debby Drenches Florida June 26, 2012 By Suzette Laboy Tropical Storm Debby whipped Florida with bands of drenching rain Monday while its center was nearly stationary in the Gulf...