July 26, 2011
Insurance Professionals of Sacramento, Inc. affiliated with National Association of Insurance Women International announced the 2011 professional award winners at a recent annual luncheon. Patti Middleton, of Philadelphia Insurance Company was award Insurance Professional of the Year. Amy Sieck, of …
July 26, 2011
A.M. Best Europe – Rating Services Limited has removed from under review with negative implications and affirmed the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of Ukraine’s Lemma Insurance Company. The outlook assigned to both …
July 26, 2011
Members of the Non-Admitted Insurance Multi-State Agreement coalition are proud to welcome Alaska to the NIMA group. Insurance Director Linda Hall signed on behalf of Alaska, which collected $109 million in excess and surplus lines premium in 2009. With the …
July 26, 2011
The Chartered Property Casualty Underwriters Society Oregon Chapter in partnership with SAIF Corporation is hosting a Four Hour Continuing Class on United States Long Shore and Harbor Workers Compensation, on July 27, 2011, at the SAIF headquarters building, 1500 SW …
July 26, 2011
The Senate Banking Committee is today considering the nomination of a key insurance member to the new federal board that deals with the financial system and matters of systemic risk. President Barack Obama has nominated a former Kentucky insurance commissioner, …
July 26, 2011
Chartis has expanded NextGen Protection, a suite of environmental insurance products offered through its Environmental division, to meet the needs of chemical manufacturers and distributors. The latest product in the NextGen Protection suite is EAGLE ChemProtect, which has been developed …
July 26, 2011
The National Risk Retention Association announced yesterday that it commends last week’s decision by the U.S. District Court to permit a risk retention group (RRG) to continue operations in Nevada despite the State’s effort to restrict its operations. In granting …
July 26, 2011
The Aon Benfield UCL Hazard Centre has launched an introductory guide -“Getting to Grips with Non-Modelled Perils” – on volcanoes, landslides and tsunamis, which highlights the important characteristics that global insurers should know and consider when assessing their risks. It …
July 26, 2011
Beecher Carlson, an insurance brokerage and risk management consulting firm, has brokered a customized product to mitigate warranty risk for the solar field components at the Ivanpah Solar Electric Generating System (ISEGS). Construction began in October 2010 on the Ivanpah …
July 26, 2011
The Federation of European Risk Management Associations (FERMA) has told the European Commission that it should start with “implementation and robust enforcement” of existing EU corporate governance rules on risk management, rather than creating new ones now. FERMA made the …