Top 10 Risks Facing Business Leaders May 2, 2011 By Andrew G. Simpson Economic risk is the greatest threat today’s business leaders face, followed by legislative and regulatory changes and increased competition. Business...
Best Downgrades Universal Casualty; Other Kingsway Subs under Review May 2, 2011 A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘D’ (Poor) from ‘B-‘ (Fair) and issuer credit rating...
S&P: No. Am, Bermuda Insurers Enhancing Enterprise Risk Management Efforts May 2, 2011 In an article published on its web site Standard & Poor’s Ratings Services said it has outlined its “updated enterprise...
Deep Sea Search Locates, Recovers Air France Flight Data Recorder May 2, 2011 By Nick Vinocur Deep sea search parties have found one of two flight data recorders from an Air France plane that crashed off...
Japan’s Edano: No limit on Tepco Nuclear Compensation Claims May 2, 2011 Japan’s government will not put a cap on the liabilities faced by Tokyo Electric Power Co (Tepco) for damages stemming...
Somali Pirates Seize Singapore Tanker off Kenya Coast May 2, 2011 Somali pirates hijacked a Singapore-owned product tanker about 180 miles [290 kms] off the coast of Kenya, said port officials...
Obama, Cabinet Vow Urgent Aid for Storm-Battered Southern States May 1, 2011 By Peggy Gargis Federal officials vowed urgent support Sunday for a region devastated by the deadliest U.S. natural disaster since Hurricane Katrina, even...
Texas Insurance Veteran Sees Opportunity in Growing Hispanic Market April 29, 2011 By Stephanie K. Jones With 30 years of industry experience under his belt, one Texas-based insurance executive decided it was time to open his...
K&K Insurance to Offer Higher Limits Via E-commerce Websites April 29, 2011 K&K Insurance has made higher primary commercial general liability limits of up to $5M available for most of its risk...