Although Tropical Storm Hermine is currently around 450 miles (720 kms.) off the coast of North Carolina, its projected path puts it on a course for the Northeastern U.S. by later this week. Hermine isn’t a hurricane, but it still …
The U.K.’s Chartered Insurance Institute (CII) will focus on the future for brokers when it convenes its annual Insurance & Financial Services Conference at the Convention Centre in Birmingham the 29 September to 1 October. Delegates in general and brokers …
Dublin-based Research and Markets (http://www.researchandmarkets.com) has issued a new report on “Global Insurance Outsourcing – The India Perspective: Overview, Trends, Insights and Competitor Profiles.” The report notes: “Insurance companies have traditionally been among the slowest adopters of outsourcing/off shoring. However …
A.M. Best Co. announced that it has assigned a financial strength rating of “A-” (Excellent) to Aetna Life and Casualty (Bermuda) Ltd. (AL&C) with a stable outlook. “The rating reflects AL&C’s favorable earnings, its excellent stand-alone capitalization and the financial …
The Board of Directors of the Bermuda- based White Mountains Insurance Group, Ltd. announced that Edith Holiday has been elected as a Director of the Company. “Ms. Holiday was formerly Assistant to the President of the United States and Secretary …
The Massachusetts Association of Insurance Agents (MAIA) has filed for an average agency commission on private passenger auto insurance of $150.84 per vehicle, a 32 percent increase from the current $114 average. MAIA filed its recommendation with the Division of …
The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) has announced plans to conduct a review of how the agency can best monitor and assess the safety of the nation’s motor carriers and ensure their compliance with federal …
Vermonters from the governor on down are not shy about expressing their affection for the state’s captive insurance industry. At the recent 19th annual conference of the Vermont Captive Insurance Association (VCIA) in Burlington, state officials told the audience of …
The American Institute for CPCU and the Insurance Institute of America (AICPCU/IIA) have signed an agreement with the Michigan Association of Independent Agents (MAIA) to give seminars based on the Accredited Adviser in Insurance (AAI) designation program for agents and …
Chicago-based claims software provider CCC Information Services Group Inc. announced the settlement of a dispute that had been pending between the company and certain of its insurers that had issued insurance policies to the company over the past several years. …
