Assistance with insurance problems will be provided Jan. 11 in Athens, Ga. by a representative from the Georgia Insurance Commissioner’s Office. The Insurance Commissioner’s representative is scheduled in Room 302 at Athens City Hall, 301 College Ave. Agents and consumers …
South Florida homeowners with properties located in a strip of land east of I-95 could have their policies reduced if a proposal is implemented to shift the line of demarcation as far east as U.S. Highway 1, or even A1A, …
Willis Re, the reinsurance unit of the Willis Group, has issued a comprehensive report that reviews the current state of the reinsurance market in light of the past 18 months. While emphasizing that the Gulf hurricanes remain uppermost in “all …
ACE European Group Limited has issued a warning to organizations who outsource their IT systems, which indicates they “are increasing their potential vulnerability to security breaches causing possible long term damage to their business.” The bulletin said: “ACE has uncovered …
In a recently issued study “Insurance Industry Risk Analysis: Italy (Republic of),” Standard & Poor’s Ratings Services said it is maintaining its stable outlook on the Italian insurance industry. S&P notes that as a consequence “insurer financial strength ratings on …
Dublin-based consultants Research and Markets announced the addition of “UK Commercial Insurance Distribution 2005” to their offering. The new publication analyzes changes following the introduction of the new FSA regulatory regime in January 2005, and concludes that, “distribution is currently …
It’s hard to get anything close to a consensus from financial analysts, but one forecast seems to be gaining almost universal credibility. The life sector is set for further consolidation in 2006. This appears to be the case in the …
The Bank for Investment and Development of Vietnam (BIDV) has reportedly agreed to purchase all the stock held by Australia’s QBE Insurance Group in their joint-venture insurance company. As reported by Asia Pulse on the Yahoo News, QBE has agreed …
Global risk and reinsurance specialist Guy Carpenter & Company, a unit of the Marsh & McLennan Companies, has published “U.S. Reinsurance Renewals at January 1, 2006,” its “annual review of pricing, retentions and limits, capacity and terms and conditions covers …
Hearings to decide on rates for the homeowners insurance residual market in Massachusetts have been going on since November and are likely to continue for several more months, according to officials. The three major parties – the residual market insurer …
