January 23, 2007
Bermuda’s PartnerRe Ltd. announced that it had written and bound approximately $1.8 billion of estimated Non-Life premium during the January renewal season. “On a constant foreign exchange basis, that represents a 4 percent decline over total renewable expiring premium of …
January 23, 2007
Swiss Re has issued a “focused report,” which assess the growth of the catastrophe bond market and calls for the establishment of an independent agency to “aggregate European claims data and provide the insurance industry with an efficient market loss …
January 23, 2007
The Horton Group, headquartered in the Chicago suburb of Orland Park, recently was named a partner firm of Assurex Global, a privately held insurance, risk management and employee benefits brokerage group. Horton joins 116 other Assurex Global Partners with more …
January 23, 2007
Political storm clouds gathered again over the federal government’s response to Hurricane Katrina as former Federal Emergency Management Agency Director Michael Brown said party politics played a role in decisions on whether to take federal control of Louisiana and other …
January 23, 2007
Consumer Reports once mismeasured the ingredients in dog food. Just last year, it screwed up the depreciation rates of hybrid cars. But it’s rare for the trusted, independent Consumer Reports to go as wrong as it did in its report …
January 23, 2007
When Comair Flight 5191 crashed shortly on takeoff in August at Kentucky’s Blue Grass Airport , the parents of 16-year-old Paige Winters thought she died instantly. Documents released this week show a contributing factor in Winters’ death was smoke inhalation …
January 23, 2007
A Mississippi grand jury probing State Farm Insurance Co.’s handling of claims after Hurricane Katrina heard testimony this week from two sisters who turned over reams of internal claims records to investigators while they worked for the company, a person …
January 23, 2007
In effort to combat the mounting rate of insurance fraud, Florida Chief Financial Officer Alex Sink has launched a nationwide search for a “highly-experienced and talented” law enforcement official to lead the Department of Financial Services’ Division of Insurance Fraud. …
January 23, 2007
Valencia, CA….In January 2007 QualCorp, Inc. began a new Nationwide campaign that focuses on the launch of their newest product – QueryPlus – a reporting tool. “Susan Burdick is one of the key factors in the success of our new …
January 22, 2007
Connecticut Attorney General Richard Blumenthal has submitted draft legislation to the General Assembly that would prohibit insurers from requiring that consumers install hurricane shutters as a condition of insurance. The legislation would also require an insurer to notify existing policyholders …