Re/insurers Increasingly Less Relevant to Global Economy: XL CEO McGavick September 17, 2012 By Charles E. Boyle XL’s CEO Mike McGavick doesn’t mince words when it comes to looking at the big, and not very pretty, picture...
Cat Models – More Accurate, More Sophisticated and More Useful September 17, 2012 By Charles E. Boyle Catastrophe models have become such an indispensable tool for re/insurers, particularly those who write P&C catastrophe coverage, that it’s hard...
Lawsuit Claims Bird Attack On Maui Golf Course September 16, 2012 A golfer is suing Maui County, Hawaii for a bird attack. Ray Sakamura claims in his lawsuit that he was...
Young Illegal Immigrants May Get Driver’s Licenses September 16, 2012 By Gosia Wozniacka When 17-year-old Alondra Esquivel needs to get from her rural central California home to classes at Fresno State University 20...
SIAA Adds Three in West September 14, 2012 Hampton, N.H.-based The Strategic Insurance Agency Alliance added three members in the West in August. SIAA added 30 total for...
Isaac Losses Won’t Strongly Impact P/C Industry in Louisiana September 14, 2012 By Stephanie K. Jones While insured losses in the United States from Hurricane Isaac likely will fall between $1 billion and $2 billion, according...
Insurance Agent is Face of Anti-Muslim Film Inflaming Middle East September 14, 2012 A California insurance agent and Vietnam War veteran is the public face for the anti-Muslim film inflaming the Middle East,...
Skywalk Developer Asks Court To Enforce $28M Award September 14, 2012 The developer of the Grand Canyon Skywalk is asking a federal judge to enforce a more than $28 million judgment...
Five of Six NAMIC Members Joining ‘Century Club’ in Midwest September 14, 2012 Six mutual insurance companies have been inducted into the National Association of Mutual Insurance Companies’ (NAMIC) Century Club in recognition...
Myanmar to Open Insurance Sector to Foreigners in 2015 September 14, 2012 By Aung Hla Tun Myanmar will allow foreign investors into its insurance sector by around 2015 once local private insurers have had time to...