A link between the behavior of hurricanes and the amount of rain that falls in South Florida in May has been suggested by Jim Lushine, a meteorologist and weather forecaster at the National Weather Service in Miami. Lushine, who has …
The actuarial role in mergers and acquisitions and the future of finite insurance will be among the topics featured at the Spring Meeting of the Casualty Actuarial Society (CAS), May 15-18, at The Pointe South Mountain Resort, Phoenix, Ariz . …
“The seasonal hurricane outlook should have no impact on hurricane plans,” David Stooksbury, the Georgia state climatologist cautioned the Governor’s Emergency Management Conference at the Savannah International Trade and Convention Center. “We’re (eventually) going to have a rare event with …
New Democratic control of the Montana executive and legislative branches proved challenging for insurers who faced uphill lobbying efforts on several fronts in 2005, according to the American Insurance Association (AIA). AIA lobbied to defeat or amend bills to ban …
Chicago-based Unitrin Inc. reported net income of $67.9 million ($0.99 per common share) for the first quarter of 2005, compared to net income of $48.0 million ($0.71 per common share) for the same period in 2004. Net Income increased due …
Seattle-based Safeco announced the expansion of one of its commercial products, offering independent insurance distributors the opportunity to write Businessowner Policies (BOPs) for larger customers in more business classes and with broader insurance coverages. The expansion is expected to build …
Kansas City-based underwriting manager and claims administrator Euclid Managers LLC announced the launch of ProtoType, a “modern insurance product for manufacturers.” The product features: errors and omissions; Web site protection, including security coverage; copyright and trademark infringement; defamation; privacy and …
Chicago-based Aon Risk Services announced that it has entered into an agreement with LMS Medical Systems, a Toronto health-care technology company and developer of the CALM system (Computer Assisted Labor Management), to assist hospitals to improve their risk management profile …
The Alabama Independent Insurance Agents Inc. has scheduled its June 14 to 16 Young Agents Conference to overlap with AIIA’s June 16 to 18, 109th Annual Convention at the Village at Baytowne Wharf Resort in Sandestin, Fla. “This means young …
The Austin, Texas-based Center for Economic Justice, a nonprofit consumer advocacy organization, released a statement lauding North Dakota Insurance Commissioner Jim Poolman for his efforts on behalf of insurance consumers. “CEJ often criticizes state insurance commissioners for not doing enough …
