Having serviced the Excess and Surplus Lines’ community for a quarter century, Insurance Journal’s Excess & Surplus Directory continues its role in providing the latest markets for agents and wholesalers. “For a number of years we’ve had the print directory …
Last January separate panels of analysts who follow the insurance industry and CEO’s of insurance companies predicted a “foreshortened” cycle, a brief hard market that would give insurers little relief from the woes brought on by their own lack of …
Property and casualty insurers and agents and brokers alike can breathe a little easier after a recent California assembly committee hearing on June 26… if only for the time being. The hearing saw some interesting motions in reference to some …
A New Swiss Re Sigma report examines the state of the London Market, describing the effects of the sweeping changes that have occurred over the last decade, the ongoing consolidations, the market’s continuing underperformance and the overall decline in London’s …
Swiss Re won another round in its lawsuit with Silverstein Properties over the amount of the recovery for the WTC losses, when Judge John Martin ruled that conversations between Silverstein’s lawyers and GMAC’s Commercial Mortgage Corp. were not covered by …
Ohio-based Huntington Bancshares Incorporated announced the sale of the J. Rolfe Davis Insurance Agency Inc. to members of its management team. This transaction, and the absence of any related net earnings contribution going forward, will not materially impact Huntington’s financial …
Cincinnati Financial Corporation announced it expects to record approximately $45 million of pre-tax catastrophe losses and $35 million in losses greater than $1 million in its property casualty insurance subsidiaries will record for the second quarter of 2002. These estimates …
Employers Insurance Company of Nevada (EICN) has acquired California-based Fremont Compensation Insurance Group’s book of business, effective July 1. Fremont Comp is a wholly-owned subsidiary of Fremont General Corporation. Nevada-based EICN acquired the renewal rights to the ongoing book of …
Damage from three wildfires that recently ravaged Colorado could cost insurers a record setting $50 million, according to the Associated Press. Preliminary estimates revealed that State Farm anticipates a payout of $24.7 million in claims from the Hayman, Missionary Ridge …
Nevada Gov. Kenny Guinn is set to call a special session of the Legislature within the next few weeks to deal with the state’s medical malpractice crisis, according to the Associated Press. Saying he will ask for the special session …
