June 20, 2012
Europe won support from world leaders on Tuesday for an ambitious, but slow-moving, overhaul of the euro zone, even as pressure built in financial markets for quicker solutions to its debt crisis that threatens the world economy. European countries showed …
June 20, 2012
MetLife Inc. received a three-month extension from the U.S. Federal Reserve on its plans to return capital to shareholders, the company said on Tuesday, potentially removing a short-term overhang on its stock. Its shares were up 5.4 percent on Tuesday …
June 20, 2012
Insured losses from last week’s violent hailstorm in Dallas should be just under $1 billion, a trade group for Texas insurers said on Tuesday, sharply less than what another industry group estimated last week. The Insurance Council of Texas, via …
June 20, 2012
The National Hurricane Center in Miami is currently tracking Tropical Storm Chris, the third named storm of the current Atlantic hurricane season, but it does not expect it to cause any damage on land. According to the NHC’s most recent …
June 20, 2012
A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Bermuda-based Argo Re Ltd. and its subsidiaries, as well as the ICR of “bbb” and debt ratings of the …
June 20, 2012
RiskMeter Online, a provider of real-time natural hazard risk reports, is now offering an enhanced product in conjunction with BuildFax, the creator of the first and only database of historical building permit data. RiskMeter users can now access BuildFax’s roof …
June 20, 2012
San Diego, CA, 06/20/2012 – With summer officially starting today and the boating season already underway, the Marine Program at Arrowhead General Insurance Agency, Inc. is pleased to offer its producers a team of boating insurance experts who are licensed …
June 20, 2012
The Chubb Group of Insurance Cos. has expanded its Wildfire Defense Services to most of Texas less than a year after the state experienced its worst wildfire season on record. The free loss-prevention service is now available to Chubb homeowner …
June 20, 2012
A new ranking for the Columbus Fire Department could mean reduced insurance rates for home and business owners. The Commercial Dispatch reported that the Mississippi Rating Bureau has rated Columbus a “four,” up from the “five” rating i has held …
June 19, 2012
Andrew Petersen has been named executive vice president of business development for San Diego, Calif.-based Atlas General Insurance Services. Petersen’s responsibilities include business development for new carriers, new programs, new lines of business and geographic expansion. He will also work …