Insurers’ Recent Success a Milestone in a Year of Chinese Drywall Litigation December 23, 2010 A federal judge in Louisiana recently let 10 insurance companies being sued by Louisiana homeowners over property damage resulting from...
RLI To Acquire Contractors Bonding Insurance Co. December 23, 2010 Peoria, Ill.-based RLI Corp. announcedthat it will acquire Contractors Bonding Insurance Co. (CBIC) through an acquisition of its holding company,...
12 Days of Riskmas: An Insurance Broker’s Story December 23, 2010 In giving her Christmas gifts for 12 straight days, a true love inspires his girlfriend to build a whole new...
AIG to Pay States $146 Million In Workers Compensation Settlement December 23, 2010 American International Group Inc. (AIG) has agreed to pay $146.5 million in fines and additional taxes to state insurance regulators...
USI Acquires Mastors & Servant in Rhode Island December 23, 2010 New York-based USI Holdings has closed on its acquisition of Mastors & Servant Risk Services, a Rhode Island-based brokerage that...
Catastrophes Top 2010 List of Major Global Insurance Events December 23, 2010 Natural and man-made catastrophes topped the list of the most significant events in 2010, with three major earthquakes, a near...
Democratic Congress Productive But Unpopular December 23, 2010 Perhaps never before has a U.S. Congress done more and been liked less than the one controlled by President Barack...
WSJ Reports AIG Nearing Nan Shan Buyer December 23, 2010 Bailed-out insurer American International Group Inc is close to picking a preferred bidder for Taiwanese life insurer Nan Shan, the...
An Improved Ohio Workers’ Comp System Continues to Face Challenges December 23, 2010 The Ohio workers’ compensation system is by all accounts in much better shape than it was in the dark days...
Best Assigns Rating to Allianz Risk Transfer AG December 23, 2010 A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and the issuer...