New York Gov. Cuomo Orders Insurers to Speed Up Sandy Claims November 30, 2012 New York Governor Andrew Cuomo on Thursday imposed emergency regulations on insurers to speed the processing of claims from hundreds...
Hurricane Center Seeks to Improve Storm Surge Warnings November 30, 2012 By Jane Sutton Friday marks the end of an Atlantic-Caribbean hurricane season where the greatest devastation was caused by water rather than wind,...
Ratings Recap: Zurich America, Prism, FAIRCO, American Standard November 30, 2012 A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of...
Ratings Recap: Mansard, Custodian & Allied, Ability Re, TATIL November 30, 2012 A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘B’ (Fair) and issuer credit rating...
West Virginia Mine Blast Probe Widens, Top Executives Could Be Next November 30, 2012 By Vicki Smith Federal prosecutors investigating the West Virginia mine explosion that killed 29 men have widened their net, filing criminal charges against...
Hackers Steal North Carolina Insurance Agency Funds November 30, 2012 A business in Hickory reports thousands of dollars were taken after a hacker got into a computer system. The Hickory...
Congressional Leaders Push to Pass Farm, Crop Insurance Bill November 30, 2012 With time running out, agricultural leaders in Congress vowed on Thursday to do everything they can to pass a farm...
U.S. Regulators Urge Flexibility in Basel III Rules for Banks, Insurers November 30, 2012 By Emily Stephenson U.S. lawmakers and state financial regulators on Thursday called on federal officials to revamp proposed rules that would force financial...
S&P Report: Reinsurers Discuss Industry Lessons Learned From Hurricane Sandy November 30, 2012 A recent report, “Reinsurance Industry Leaders Discuss Lessons Learned From Hurricane Sandy,” published Nov. 29, 2012, on RatingsDirect, Standard &...
Willis North America to Acquire Canadian Benefits Broker Avalon Actuarial November 30, 2012 Willis North America, a unit of Willis Group Holdings, announced that it has entered into a definitive agreement to acquire...