P/C Insurance Industry Wins, Loses in Scott’s First Session June 10, 2011 By Michael Adams It is axiomatic in Florida that when it comes to the legislature and insurance issues, the power brokers play for...
Florida Judge Questions Tickets in Red Light Camera Debate June 10, 2011 A Broward judge has ruled that law enforcement officers cannot ticket drivers for running red lights. It’s another piece of...
Judges Question Individual Mandate in Healthcare Law June 10, 2011 By Greg Bluestein Three federal appeals judges expressed unease with a requirement that virtually all Americans carry health insurance or face penalties, as...
Travelers to Post Q2 Loss, Limit Share Buybacks Due to Storm Losses June 10, 2011 By Ben Berkowitz Travelers Companies Inc. is slowing down its share buybacks and will post a second-quarter operating loss because of more than...
Best Revises Universal North America’s Outlook to Stable; Affirms Ratings June 10, 2011 A.M. Best Co. has revised the outlook to stable from negative and affirmed the financial strength rating (FSR) of ‘A-‘...
Ratings Roundup: Park, Farmers of Salem, Auto-Owners, DTRIC June 10, 2011 A.M. Best Co. has downgraded the financial strength rating to ‘C++’ (Marginal) from ‘B-‘ (Fair) and issuer credit rating to...
San Francisco lnsurance Women’s Group Names Award Winners June 10, 2011 The San Francisco Chapter of the National Association of Insurance Women has presented Marie Meadows of International Marine Underwriters with...
Climate Talks Floundering without Ministers June 10, 2011 By Gerard Wynn Negotiations meant to avert dangerous climate change are stuck over future emissions restrictions in wrangling at meetings below the ministerial...
Lloyd’s Highlights Potential Impact from Cyber Crime, Data Loss June 10, 2011 Cyber crime has become a high profile problem for risk managers, heightened as a result of the recent attacks by...
Lloyd’s Kiln Acquires 49% Stake in US-based WNC Holdings June 10, 2011 Lloyd’s insurer and syndicate leader R.J. Kiln, a member of the Tokio Marine Group, announced that it has bought a...