Fortunately no deaths have been reported from the strong earthquake – estimated at magnitude 6.1 by the USGS – which shook Iceland last Thursday. However, an anlysis by Risk Management Solutions indicates that there was light to moderate damage to …
The Liberty Mutual Group announced that it and its partner Dabur GI Invest Corp plan to form a non-life insurance company in India to provide personal and commercial insurance products through a range of distribution channels such as agents, banks …
Some 2,000 delegates from 162 countries and dozens of specialist agencies opened a two-week conference Monday to start tackling the details of a new global warming agreement slated to take effect after 2012. The meeting builds on a landmark accord …
As the nation braces for the hurricanes, wildfires, tornadoes and floods that accompany the spring and summer disaster season, nearly half of U.S. consumers are insufficiently prepared — in terms of their insurance coverage — to deal with potential losses, …
Catastrophe risk modeling firm Risk Management Solutions (RMS) has launched a new index for assessing insured industry losses from U.S. hurricanes. Named the Paradex U.S. Hurricane, it combines actual wind speeds at multiple locations with proprietary industry exposure data, according …
Quantum Integrated Systems, Inc., has expanded its popular RealTimeExpress™ to include a “software as a service” offering. This eliminates the expense of custom development and installation and makes real-time quotes affordable for a wide range of insurance professionals using only …
Marines from Camp Lejeune, N.C. have to register their vehicles and driving records as part of a new safety order meant to reduce traffic fatalities. The new safe driving program comes in the wake of a rash of accidents. The …
Gulf Coast insurance premiums in Mississippi have returned to nearly pre-Katrina levels, according to officials at the state’s wind insurance pool. According to the Mississippi Windstorm Underwriting Association, also known as the Wind Pool, prior to Hurricane Katrina in August …
Part 2: Soft Market Benefits of Risk Sharing Extend Beyond Potential for Increased Profits Editor’s Note: The following is part two of a discussion of the risk retention options available to managing general agents, the variables which may affect their …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Energy Risks Market Detail: MarketScout has a team dedicated to energy accounts. They have the …
