Current Market Not Yet a ‘Classic’ Hard Market: P/C Executives April 23, 2012 By Andrew G. Simpson The current property/casualty market is not a “classic” hard market, yet anyway. While prices are clearly rising in certain lines...
Pennsylvania Farmers Highlight Safety on Rural Roads April 23, 2012 Jim Rexroth knows what happens when drivers don’t pay attention to large farm equipment traveling on rural roads. The Lower...
Massachusetts Seeks Pool Safety Steps After Drowning Probe April 23, 2012 Massachusetts officials say they will not be opening slides at state-run pools this summer following a drowning. The decision stems...
Firm Pleads Guilty in Va. Court to $670M Insurance Fraud Scheme April 23, 2012 A Costa Rican company has agreed to plead guilty to a $670 million global insurance fraud scheme. Provident Capital Indemnity...
Alabama Attorney General Urges Judge to Set BP Trial Date April 23, 2012 Alabama Attorney General Luther Strange has urged a Louisiana federal judge to set a trial date to hear claims of...
Ratings Recap: Insurance Barbados, Talanx (Notes), Ability Re, Newport Bonding April 23, 2012 A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Insurance...
Best Affirms Chubb Corp. and Subs ‘A++’ Ratings April 23, 2012 A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+”...
Florida Massage Therapist, 14 Patients Charged with Insurance Fraud April 23, 2012 Florida officials said they have arrested a licensed massage therapist, a physician’s assistant and 14 massage clinic patients on charges...
IMB Report Notes Piracy Increasing in W. Africa; Somalia Still Main Threat April 23, 2012 The latest global piracy report from the International Chamber of Commerce (ICC) International Maritime Bureau (IMB) cites 102 “incidents of...
Q1 Insurance-linked Securities at Record $1.49 Billion: Aon Benfield Study April 23, 2012 Aon Benfield Securities, the investment banking division of global reinsurance intermediary and capital advisor Aon Benfield, has issued its latest...