Electronic Proof of Insurance Gaining Steam in Some States February 23, 2012 By Don Jergler It’s possible that driving with a cell phone may be an advantage. A California legislator’s bill to enable auto insurance...
Best Affirms RSA and Operating Subsidiaries Ratings; Outlook Stable February 23, 2012 A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit...
New London Broker Q360 Launched in Partnership with Tawa February 23, 2012 A new London-based broker, Q360, has been launched with Tawa providing the capital backing. Q360 Ltd will initially operate within...
Swiss Re Reports $2.6 Billion 2011 Net Income Despite Nat Cats February 23, 2012 By Charles E. Boyle Swiss Re reported net income of $2.6 billion for the full-year 2011, despite what it described as “an exceptional natural...
Fondiaria Battle Heats up as Funds Table Offer; AXA Interested February 23, 2012 By Gianluca Semeraro and Stephen Jewkes The battle for control of Italian insurer Fondiaria-SAI heated up on Wednesday when two private equity funds tabled a rival...
NAS Appoints Palotay Senior Vice President Of Underwriting February 23, 2012 NAS Insurance Services named Michael Palotay as senior vice president of underwriting. Palotay has been with Encino, Calif.-based NAS since...
Heffernan Names Eliopoulos Assistant Vice President February 23, 2012 Walnut Creek, Calif.-based Heffernan Insurance Brokers named Tyler Eliopoulos to its San Francisco office as assistant vice president, focusing on...
Survey: 51% of Insurers Expect to Increase Staff in 2012 February 23, 2012 By Young Ha A new study says 51 percent of the insurance carriers recently surveyed expect to increase staff in the next 12...
Texas Regulators Looking at Ways to Restructure Windstorm Pool February 23, 2012 By Stephanie K. Jones Texas insurance regulators are seeking a consultant to explore options for restructuring the insurer of last resort for properties along...
$100K Reward in Arson Attack At California Beef Processor February 23, 2012 Fresno County authorities are offering $100,000 for information leading to an arrest in last month’s arson attack California’s biggest beef...