Underwriting, Expense Discipline Needed in 2011, Say P/C CEOs January 14, 2011 The property/casualty insurance industry turned a corner and will show a profitable year for 2010, but underwriting discipline will be...
Caution: Distressed Commercial Properties January 14, 2011 By Susan M. Bryan The American landscape is littered with partially built, financially distressed or bank owned properties. Whether they are towering condos, gleaming...
Florida Lawmakers Seek Ways to Curb Sinkhole Losses January 14, 2011 Florida lawmakers are trying to address the cost of sinkhole claims, which state officials and insurers say are driving up...
Ratings Recap: InterGlobal, B&B Insurance, Grupo Nacional January 13, 2011 A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘B++’ (Good) and issuer credit rating...
Ames & Gough Names Payne as Senior Account Manager January 13, 2011 Washington D.C.-based broker Ames & Gough has named Christine Payne as senior account manager. Payne, who has more than 25...
JPMorgan, Morgan Stanley Pitch for AIG Share Sale January 13, 2011 By Ben Berkowitz Some of the United States’ top bankers descended on a law firm in midtown Manhattan Thursday to pitch for what...
Pennsylvania Insurance Program for Homes Above Mines Active January 13, 2011 By Brad Bumsted As many as 1 million Pennsylvania homes sit above abandoned coal mines, yet a state-subsidized insurance program for mine subsidence...
Ratings Roundup: State Auto/Hallmark, Claremont Liability January 13, 2011 A.M. Best Co. has assigned a financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-”...
Ohio: More Than 3,000 Medical Liability Claims Closed in 2009 January 13, 2011 The Ohio Department of Insurance announced that its fifth annual Ohio Medical Professional Liability Closed Claim Report shows a total...
Lawsuit Seeks to Halt New Orleans Levee Work January 13, 2011 By Cain Burdeau A lawsuit is threatening to slow down or even halt work to strengthen a New Orleans canal that broke catastrophically...