Mississippi High Court Due to Rule in Wind-Water Insurance Case October 12, 2011 By Anita Lee A decision is pending from the Mississippi Supreme Court in another wind vs. water case, this one involving a Pascagoula...
FBI Gets Immunity for Wreck of Ferrari in Michigan Insurer Case October 12, 2011 By Ed White A judge has dismissed a lawsuit against the U.S. government over the wreck of a $750,000 Ferrari driven by an...
U.S. Regulators Propose Threshold for Defining Systemic Risk Firms October 12, 2011 U.S. regulators pondering which non-bank financial firms are large enough to warrant additional oversight have proposed a $50 billion asset...
Ratings: RetailFirst, ANICO, Mariah Re, German Mutual, Centurion, Mt. Morris October 12, 2011 A.M. Best Co. has assigned a financial strength rating of ‘B++’ (Good) and issuer credit ratings of “bbb+” to RetailFirst...
New Zealand Says Oil Spill ‘Worst-ever Maritime Environmental Disaster’ October 12, 2011 By Natacha Pisarenko Rough weather has jostled a cargo ship stuck off New Zealand’s coast and worsened its oil leak fivefold to make...
Panel Lauds London Market’s Electronic Success October 12, 2011 A panel of insurance market figures “were in overwhelming agreement today that London is leading the way in the global...
Honda’s Thai Production Underwater as Floods Hit Japan Firms October 12, 2011 Honda Motor Co said its Thai plant remains underwater as flooding in the center of the country worsens, closing down...
UPDATE: Hurricane Jova Crosses Mexico’s Pacific Coast October 12, 2011 By Mica Rosenberg and Miguel Angel Gutierrez Hurricane Jova made landfall as a Category Two storm on Mexico’s Pacific coast late Tuesday, threatening one of the country’s...
Willis Appoints Poillon Director of Investor Relations October 12, 2011 Willis Group Holdings announced the appointment of Peter Poillon as Director of Investor Relations. He is based in New York...
Surplus Lines Execs Address Leadership, Perpetuation October 11, 2011 By Don Jergler Four industry leaders attempted to tackle explaining the definition of “leadership” and what it takes to be a leader, while...