Calif. Workers’ Comp Rating Bureau To Skip Mid-Year Rate Filing April 7, 2011 By Patricia-Anne Tom California’s Workers’ Compensation Insurance Rating Bureau governing board has decided not to make a mid-year pure premium rate filing suggesting...
Ratings: Madison Mutual, Lyndon Property, Great Northwest, Ocean Harbor April 7, 2011 A.M. Best Co. has downgraded the financial strength rating to ‘A-‘ (Excellent) from ‘A’ (Excellent) and issuer credit rating to...
Ratings Roundup: Syndicate 382/Hardy, Samsung Europe April 7, 2011 A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit...
Transatlantic Holdings Estimates Q1 Cat Losses at $355 Million April 7, 2011 Transatlantic Holdings (TRH) announced that it expects to incur total net catastrophe costs (net of reinstatement premiums and reinsurance) in...
‘Above Average’ 2011 Atlantic Hurricane Season Forecast April 7, 2011 The 2011 Atlantic hurricane season will be above average with nine hurricanes, five of them major, with a more than...
New Zealand to Back Insurer AMI Despite Budget Pain April 7, 2011 New Zealand’s government has agreed to provide financial support for AMI, the country’s second-largest residential insurer, after two major earthquakes...
ICC Warns Doha Failure Would Have Dire Consequences for World Economy April 7, 2011 The Paris-based International Chamber of Commerce (ICC) has issued a bulletin strongly supporting a call from the World Trade Organization...
Aon Benfield Launches Cyprus Earthquake Model April 7, 2011 Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp., has launched an earthquake model for the island...
Thomas Bergin Agency Joins ISU Network April 6, 2011 Thomas Bergin Agency of Woodland Hills, Calif., has joined the ISU Network. Founded in 1991, ISU Thomas Bergin Agency specializes...
Calif. Workers’ Comp Rating Bureau Could Recommend 40% Rate Increase April 6, 2011 The Workers’ Compensation Insurance Rating Bureau of California is discussing a pure premium rate increase of up to 40 percent...