When P/C Insurance Carriers Can Cancel: Mid-term Cancellation Provisions by State December 15, 2014 By Christopher J. Boggs Even after the underwriting period has ended, insurance carriers have the opportunity to cancel a property/casualty insurance policy prior to...
Florida’s Universal Insurance Raises $19M in Stock Deal December 15, 2014 By Michael Adams Florida’s largest private insurer has raised $19 million through a privately negotiated stock deal with an investment firm that specializes...
Senate Expected to Follow House, Approve Terrorism Insurance Renewal December 15, 2014 By Andrew G. Simpson Supporters of renewing the federal terrorism reinsurance program are optimistic that the Senate will follow the House and approve it,...
ISO Drone Insurance Endorsements Should Be Available by June 2015 December 15, 2014 ISO said it is preparing coverage endorsements for insurers to use for customers using commercial drones. The coverage options should...
Sen. Collins Finds Route to Help Trucking Industry December 15, 2014 By Jeff Plungis For the second time in three years, the trucking industry has found a friend in Senator Susan Collins. The Maine...
Drone Risks Require More Safety Regulation, IATA Chief Says December 15, 2014 The surging popularity of inexpensive radio-controlled airplanes and helicopters raises risks that require a firm response from regulators to ensure...
FACTBOX: What Was Agreed and What Wasn’t Agreed at Lima Climate Talks December 15, 2014 U.N. climate negotiations wrapped up in Lima on Sunday with a modest agreement about the building blocks of a deal...
FERMA Announces Leadership Appointments December 15, 2014 The board of the Federation of European Risk Management Associations (FERMA) announced three high level appointments “to secure its leadership...
Willis Sees No Impact on Coverage from UK’s Pool Re Rate Increases December 15, 2014 The announcement by the UK government that it planned to raise premium rates for its ultimate backup reinsurer Pool Re...
A.M. Best: Global Re Stocks Underperform as Catastrophe Prices Drop December 15, 2014 Stocks for publicly traded reinsurance companies (including the four large European reinsurers) performed well below the overall market through the...