Overcapacity in P/C Insurance Keeping Commercial Prices Down April 26, 2011 Most commercial lines insurance prices continued their downward trend in the first quarter, as underwriters’ efforts to hold the line...
Wyoming Lawyer Disappointed in Public Censure April 26, 2011 The Wyoming Supreme Court has issued a formal public censure of a Rock Springs attorney. The Wyoming State Bar says...
Arab Political Shocks Demand Risk Rating Rethink April 26, 2011 By Daniel Magnowski Attempting to predict the future, rather than imagining possible versions of it, may have blinded risk analysts to the likelihood...
South Carolina Nixed Insurance for Train Victims Over Liability Fear April 26, 2011 Legal advisers shut down a South Carolina fund proposed by Spartanburg County leaders and Gov. Nikki Haley’s office that would...
McLaren Group Selects Aon as Global Broker April 26, 2011 Aon Risk Solutions, the global risk management business of Aon Corp., in the UK, has been appointed the global insurance...
Global Reinsurers at ‘Critical’ Point, Says Best’s Report April 26, 2011 A new special report, compiled by A.M. Best, concludes that the string of major catastrophes, a persistent soft market and...
SCOR to Buy Aegon’s Transamerica Reinsurance Unit for $913 Million April 26, 2011 By Gilbert Kreijger French reinsurer SCOR is set to pay $913 million for most of Dutch insurer Aegon’s Transamerica Reinsurance operations. When concluded,...
Tennessee Insurance Agents Win Investigation Protections, Lower Fines April 26, 2011 By Michael Adams Tennessee insurance agents who come under investigation by the state will enjoy some new due process protections and face lower...
Lockton Adds Employee Benefits Consultants in San Jose April 26, 2011 Four employee benefits consultants have joined Lockton in its San Jose, Calif. office: Linda Wieck, senior vice president and unit...
Alabama Boosts Tax Break for Small Businesses Buying Health Insurance April 25, 2011 Alabama Gov. Robert Bentley has signed legislation increasing the state income tax deduction that small businesses get for supplying health...