Florida Governor Vetoes Cat Fund Tax-Credit Plan April 24, 2012 By Michael Adams Florida Governor Rick Scott has chastised state lawmakers for failing to fully consider a controversial plan to use state premium...
ACE Appoints Hollenberg to Head Canada Operations; Brosnan for P/C April 24, 2012 The ACE Group has announced new leadership appointments in its Canadian operations. Andrew Hollenberg, Regional Senior Vice President, Accident &...
North Carolina Jury Awards $14.6 Million in Slim Jim Factory Blast April 24, 2012 A jury has awarded $14.6 million to seven people hurt in an explosion at a now closed ConAgra Slim Jim...
Shrimp Processors Object to BP Oil Spill Settlement April 24, 2012 Shrimp processors have asked a federal judge to delay preliminary approval of BP Plc’s proposed settlement of economic damage claims...
Returning Soldiers Involved in More Car Crashes: Study April 24, 2012 By Ben Berkowitz U.S. military personnel have 13 percent more car accidents in which they are at fault in the six months after...
Reinsurers Resilient Despite Catastrophes, Economic Uncertainty, Says A.M. Best April 24, 2012 In a special report A.M. Best summed up the financial position of the global reinsurance industry as “resilient” in light...
S&P Revises Argentina’s Sovereign Debt Rating Outlook to Negative April 24, 2012 Standard & Poor’s revised its outlook on Argentina’s sovereign debt rating to negative from stable on Monday, citing policies that...
Earnings Report: Platinum Underwriters April 24, 2012 Q1 2012 Q1 2011 Net premiums written ———— $143.66 mn $194.78 mn Net premiums earned ———– $138.21mn $182.88 mn Net...
California State Fund Cancels Layoffs April 23, 2012 California’s State Compensation Insurance Fund is cancelling plans to lay off hundreds of workers, the Sacramento Bee is reporting. State...
MetLife to Pay States $500 Million in ‘Death Master’ Probe April 23, 2012 MetLife Inc., the largest life insurer in the United States, will pay $500 million to settle a multi-state investigation into...