Surplus Lines Regulatory Picture for 2013 January 10, 2013 By Richard A. Brown State implementation of the Nonadmitted and Reinsurance Reform Act (NRRA), effective July 21, 2011, proceeded relatively smoothly during 2012, albeit...
Greenberg Won’t Sue AIG Over Bailout Lawsuit Vs. Government January 10, 2013 Hank Greenberg will not sue AIG over the company’s decision not to join his lawsuit against the U.S. government, his...
Mississippi Pharmacists Battle Benefit Managers, Mail Order Drug Firms January 10, 2013 By Jeff Amy Pharmacists want Mississippi lawmakers to force an end to limits on where people covered by certain insurance plans can get...
FERMA Appoints Bedhouche as Full Time European Affairs Adviser January 10, 2013 The Federation of European Risk Management Associations (FERMA) has appointed Julien Bedhouche as its first full time European affairs adviser....
Drought-Ridden Wheat Belt Declared Disaster; Record Crop Insurance Claims Seen January 10, 2013 By Charles Abbott The government declared much of the central and southern U.S. Wheat Belt a natural disaster area on Wednesday due to...
Peak Re Launched in Hong Kong for ‘Underserved’ Asia Pacific Markets January 10, 2013 Peak Reinsurance Company Limited formally announced that it has opened for business. The new reinsurer, established to capture the growing...
Multilateralism in Trade is ‘Dead’ Says French Industry Minister January 10, 2013 Multilateral trade deals are “dead”, France’s industry minister said on Tuesday, professing a preference for bilateral accords as the 27-nation...
Ascot Underwriting Appoints Pilkington as Head of Casualty January 10, 2013 Lloyd’s insurer Ascot Underwriting Ltd. announced the appointment of John Pilkington as Head of Casualty, effective February 4, 2013, and...
Why U.S. Lags Other Wealthy Nations in Health Measures January 10, 2013 By Susan Heavey Overeating, lack of health insurance access and comparatively high poverty are among the many reasons why Americans are less healthy...
USI Insurance Services Buys Illinois-Based Pediatrics Insurance Consultants January 10, 2013 USI Insurance Services LLC has acquired Pediatrics Insurance Consultants (PIC), based in Chicago, Ill. PIC is the insurance member benefits...