Australia Flood Damage Seen as Long-term; Rail, Road Links Destroyed January 7, 2011 By Daniel Munoz Australia’s flood-stricken coal industry may be disrupted for months after key rail and road links were washed away, while some...
Ratings Recap: Tokio Marine Pacific, Malaysian Re, Kazakhinstrakh, Ansvar January 7, 2011 A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating of “aa-” of Guam-based...
Economist: Oregonian Insurance Agents Can Expect Unsettling Year January 7, 2011 Oregonians should expect a long slow recovery from the recession, and it will be years before the economy returns to...
Top Workers’ Compensation News in 2010 January 4, 2011 Soft market conditions with unabated price competition and a slow economy with reduced payrolls continued to affect commercial liens including...
House Republicans Aim to Repeal Healthcare Law January 4, 2011 By Thomas Ferraro Republicans in the U.S. House of Representatives plan to pass a bill next week to repeal President Barack Obama’s overhaul...
U.S. Analyst: China May Be ‘Likely Bright Spot’ in Asia Climate Action December 31, 2010 By David Fogarty The outcome of U.N. climate talks in Mexico this month should boost steps in Asia to curb greenhouse gas emissions,...
2011 Outlook: Too Much Capacity + Stagnant Demand = a Soft Market December 31, 2010 By Charles E. Boyle A quick, and as yet incomplete, survey of re/insurance industry leaders indicates that the main concern they will have to...
Calif. Regulator Urges Gov.-Elect Brown to Preserve Workers’ Comp Reforms December 31, 2010 Calif. Insurance Commissioner Steve Poizner announced he has sent a letter to Gov.-Elect Jerry Brown to urge him to preserve...
Calif. Commissioner Poizner: Insurance Agent Advice Critical December 30, 2010 By Patricia-Anne Tom As California’s third elected insurance commissioner, Steve Poizner has had a wealth of accomplishments. Among other things, he: reduced the...
Top 5 Things Affecting Excess & Surplus Market in 2011 December 30, 2010 By Amy O'Connor It has been a challenging few years for those in the excess and surplus (E&S) lines insurance market. An endless...