Florida Lawmakers Take Two-Pronged Approach to Insurance Reform March 23, 2011 By Michael Adams Tort reform and fraud have become the two big targets as Florida lawmakers are finally gearing up to tackle the...
Insurer Shares Relatively Unaffected by Japan Damage Estimates March 23, 2011 By Jonathan Gould Insurer shares largely shrugged off the industry’s first round of damage estimates from this month’s earthquake in Japan, which may...
Bayer Suit Latest to Allege Gender Bias in Employment March 23, 2011 Six former and current employees of a U.S. unit of Bayer AG filed a class-action lawsuit against the company on...
Guy Carp to Develop Agriculture Microinsurance for Mozambique Farmers March 23, 2011 International reinsurance broker Guy Carpenter & Co. announced that it will receive a $1.0 million grant from the International Finance...
Munich Re Estimates Japan Quake, Tsunami Claims over $2 Billion March 23, 2011 Munich Re announced that it has estimated its claims burden from the earthquake and tsunami in Japan at around €1.5...
Hannover Re Estimates Japan Quake, Tsunami Losses at $355 Million March 23, 2011 Hannover Re announced that, “based on its analysis of individual treaties,” its loss expenditure from the Japan earthquake is expected...
Japan Govt. Estimates Quake, Tsunami Damages at $185 to $308 Billion March 23, 2011 By Kaori Kaneko and Leika Kihara The Japanese government on Wednesday estimated the direct damage from a deadly earthquake and tsunami that struck the country’s northeast...
Platinum Estimates NZ Quake, Aus. Flood Losses at $160 Million; Assessing Japan March 23, 2011 Bermuda-based Platinum Underwriters Holdings has announced that it currently expects the 2011 Australian floods and Cyclone Yasi and the 2011...
Best Places Topiary Capital Debt Rating under Review/Developing March 23, 2011 A.M. Best Co. has placed under review with developing implications the debt rating of “bb+” on $200 million Series 2008-1...
London Broker Sees Some Libya Claims, but Situation is Unclear March 23, 2011 London-based Lloyd’s insurance and reinsurance broker United Insurance Brokers (UIB) has indicated that there may be some insurance exposure as...