Homeowners insurance rates have risen by average of 8 percent nationwide in 2002 due to an extraordinary number of catastrophes,...
Terrorism News
Insured-property losses from the Sept. 11 terrorism attack are now estimated at $20.3 billion, up from the $16.6 billion that...
At its Insurance 2002 conference in New York recently, Standard and Poor’s offered little consolation to insurance agents and brokers...
Lloyd’s of London is perhaps the most well- known insurer in the U.S., not only due to its 300 years...
Homeowners’ Rates on Rise: Increased Catastrophes, Soaring Home Repairs and Excessive Jury Awards am
An extraordinary number of catastrophes, the high cost of home repairs and excessive jury awards due to the emergence of...
The U.S. property/casualty industry’s net income after taxes dropped 7.3 percent to $5.1 billion in first-quarter 2002 from $5.5 billion...
Farm supply cooperatives and grain elevators in the Midwest are in a difficult situation regarding insurance, according to an Associated...
Kenneth Bollier, president of the American Association of State Compensation Insurance Funds (AASCIF), recently met with U.S. Senator Charles Schumer...
Nuts & Bolts: Arrowhead Wholesale Brokerage is offering a program for terrorism coverage. Brokerage business. Dollars: $100,000,000 per occurrence/annual aggregate....
The Alliance of American Insurers (AAI) says it is encouraged that the Senate is now beginning to focus on the...