For Florida Gov. Scott, Insurance Fixes Are Legislative Priority December 21, 2011 By Brent Kallestad Gov. Rick Scott wants lawmakers to fix a pair of auto and property insurance issues that are costing Floridians hundreds...
Alabama Tornado Survivors Sought for Interviews December 21, 2011 Public health agencies are looking to interview survivors of the killer tornadoes that hit north and central Alabama on April...
Spieler to Join Catlin as Group Chief Administrative Officer December 21, 2011 Catlin Group Limited announced that Adrian Spieler will join Catlin in February as Group chief administrative officer. He will become...
Best Affirms Beazley and Lloyd’s Syndicates 2623, 623, 3623, 3622 Ratings December 21, 2011 A.M. Best Europe – Rating Services Limited has affirmed the financial strength ratings of ‘A’ (Excellent) and issuer credit ratings...
Fed Proposes Rules to Restrain Wall Street Risk-Taking December 21, 2011 By Dave Clarke The Federal Reserve proposed new rules on Tuesday to restrain risk-taking by the largest U.S. banks as it tries to...
Aon to Pay $16.2 Million to Settle Bribery Charges December 21, 2011 By Aruna Viswanatha and Sarah N. Lynch Insurance brokerage firm Aon Corp. will pay $16.2 million to settle criminal and civil charges that it paid bribes to...
Best’s Rating Actions Spurred by EU Failure to Produce Debt Crisis Solution December 21, 2011 By Charles E. Boyle Although the recent summit of the 27 countries of the European Union did manage to come up with a plan...
Beazley Confirms Interest in Acquiring Hardy Underwriting December 21, 2011 In a brief statement, issued by its office in Dublin, Beazley plc confirmed that it is to undertake a strategic...
Tokio Marine to Buy Delphi Financial for $2.7 Billion December 21, 2011 By Taiga Uranaka Tokio Marine said on Wednesday it will buy U.S. insurer Delphi Financial Group for $2.7 billion, the latest in a...
Insurers May Open ‘Black Box’ Telematics to Escape Gender Ban December 21, 2011 By Myles Neligan Motor [auto] insurers seeking to get around a European ban on charging male drivers more than women are turning to...