Independent Agents Drawn to Tablet Applications: Channel Harvest July 29, 2014 Many independent insurance agents say that tablet devices are going to be more important in the next couple of years...
S&P Report Finds Volume Increases as Prices Drop in the ILS Market July 29, 2014 Standard & Poor’s Ratings Services will publish its annual “Global Reinsurance Highlights” publication to coincide with the 2014 Reinsurance Rendez-Vous...
Aon Benfield Analytics Releases Report on Lloyd’s July 29, 2014 Aon Benfield Analytics’ Market Analysis team has launched its latest Lloyd’s Update report, covering the market’s business position in 2014,...
New IFRS Standard to Significantly Change Insurers’ Financial Reports: A.M. Best July 29, 2014 “The emerging international accounting standard for insurance contracts will change the data that form one part of the material used...
El Nino Odds Reduced by Australia as Tropical Pacific Cools July 29, 2014 By Phoebe Sedgman Australia cut the odds of El Nino, which brings drought to Asia and heavy rain to South America, after parts...
QBE Falls Most in 7 Months Amid 18% Profit Decline Forecast July 29, 2014 By David Fickling and Iain McDonald Australia’s QBE Insurance Group Ltd. slumped the most in seven months after forecasting an 18 percent decline in first-half earnings...
Hiscox Writes Less Reinsurance as Competition Hurts Pricing July 29, 2014 By Sarah Jones Hiscox Ltd. Chairman Robert Childs said the Lloyd’s of London insurer is writing less “big ticket” reinsurance as excess capital...
Alabama Whistleblower Wins Supreme Court Appeal But Not Job or Back Pay July 29, 2014 By Phillip Rawls Edward Lane’s Supreme Court victory in a landmark whistleblower case doesn’t change the fact he lost his state job and...
Maine’s Cross Insurance Appoints VP of Personal Lines July 28, 2014 Bangor, Maine-based Cross Insurance has appointed Laurie A. Noel as vice president of personal lines. Noel, whose primary responsibility is...
Rhode Island Hospital to Pay $150K for Losing Personal Data July 28, 2014 A Rhode Island hospital has agreed to pay $150,000 in Massachusetts after losing backup tapes that contained the personal information...