Lloyd’s Chairman Criticizes Profit-Hungry Corporations, Which Risk Eroding Trust September 30, 2015 By Sarah Jones Lloyd’s of London Chairman John Nelson criticized the business community, saying companies are too focused on profit and are at...
A.M. Best: European Insurers Continue Emerging Markets’ Growth – with Caution September 30, 2015 In an attempt to deploy excess capital, some major European insurers have developed overseas operations over the past several years...
AIR Analyzes Taiwan, China Damages, Losses from Typhoon Dujuan September 30, 2015 Catastrophe modeling firm AIR Worldwide reports that Typhoon Dujuan made landfall on northeast coast of Taiwan with high winds and...
Hurricane Warnings Issued as Tropical Storm Joaquin Gains Strength September 30, 2015 The National Hurricane Center’s latest bulletin, issued at 5:00 EDT, notes that the “government of the Bahamas has issued a...
Alabama Drying Out After Weekend Floods September 30, 2015 Flood waters receded along the Alabama coast Monday after storms from a tropical weather system dumped about 7.5 inches of...
Tianjin Port Blast Chemical Contamination Likely to Boost Re/Insurers’ Losses September 30, 2015 By Carolyn Cohn Contamination from chemicals is likely to increase the cost to insurers of last month’s blasts in the Chinese port of...
Bank of England Governor: Insurers Face Huge Exposure to Climate Change Risks September 30, 2015 By Scott Hamilton Bank of England Governor Mark Carney said UK insurers face potentially “huge” exposure to shifts in climate-change policy and Group...
Watercraft Thefts Down but Texas Still a Top State for Them: NICB September 30, 2015 While the number of watercraft thefts continued on a downward trend in 2014, Texas remains one of the five top...
Fortner Named NAMIC’s Professional Farm Mutual Manager of the Year September 30, 2015 The National Association of Mutual Insurance Companies presented James Bradley (Brad) Fortner, chief operating office of Farmers Protective Mutual Insurance...
NAMIC Honors Western Iowa Mutual’s Paul with Chairman’s Award September 30, 2015 John Paul, president/treasurer of Western Iowa Mutual Insurance in Council Bluffs, Iowa, was presented the Chairman’s Award by the National...