Insurers who use credit scoring in underwriting and rate setting must take into consideration a recent security breach at the...
Markets/Coverages News
Applied Underwriters announced that it has provided $50MM in capital to its wholly-owned subsidiary, the California Insurance Company (CIC). Applied...
MMC Downsizing Plan Includes Dropping ‘Unprofitable’ Marsh Accounts But Not Selling Putnam or Mercer
Giant insurance broker Marsh, battered by regulators, soft market prices and competitors in 2004, plans on dropping thousands of unprofitable...
London-based Beazley has started underwriting specialty lines business locally in the U.S. on behalf of its syndicates at Lloyd’s. The...
Cunningham Lindsey U.S. Inc. (CLUS), headquartered in Dallas, announced the addition of Gary Munsterman as assistant vice president and national...
The Texas House of Representatives reported that on the heels of the revelation of a major security breach at data...
Tower Group, Inc. in New York announced the appointment of Joseph P. Beitz to a newly created position as managing...
Commercial and industrial property insurer FM Global has reported a third consecutive year of strong operating performance, with 2004 marking...
General Reinsurance, a subsidiary of Berkshire Hathaway Inc., has been subpoenaed in an investigation of Reciprocal of America, a former...
The Target Markets Program Administrators Association announced the distribution of its 2005 program benchmarking survey to all of its members....