Monthly Archives: <span>October 2012</span>

Mississippi Ending 11-Year Old Insurance Fraud Case Involving Frankel

Mississippi officials are dropping the remnants of an 11-year-old lawsuit after collecting as much money as they think they can get in reparations for insurance fraud by a convicted financier who claimed Vatican ties. Attorneys for Mississippi Insurance Commissioner Mike …

Florida Insurers’ Filings on PIP Rates Due Today

Automobile insurers have until today to show Florida regulators how much, if at all, they plan on reducing rates on the personal injury protection, or no-fault, portion of drivers’ policies. This could mean that Florida’s drivers will save money on …

Typhoon Jelawat Hits Okinawa; Moves on Tokyo: AIR Analysis

Typhoon Jelawat remains a powerful storm, even if its wind speed has decreased from around from 155 mph, 250km/h, it passed over Okinawa on Saturday with wind speeds over 90 mph, 144 km/h, causing extensive damage, and injuring more than …

Tornado Hits Fair in Spain; Flood Deaths Reach 10

A tornado swept through a fairground in a Spanish town, knocking down a Ferris wheel and injuring 35 people, while the death toll from flooding in the same southern region of the country rose to 10, authorities said Saturday. Friday’s …

Allied World Europe Launches Corporate Property Line of Business

Allied World Europe has launched its Corporate Property line of business. The unit will target a range of European domiciled companies writing lead, co-insured and layered programs. Richard Nathan, Vice President, European Corporate Property Manager, will oversee the line of …

Alteris Acquires Sonoma Risk, Contract Litigation Insurance Program

Alteris Inc., a wholly-owned subsidiary of Argo Group International Holdings, Ltd. has acquired Sonoma Risk Insurance Agency, a litigation products provider and the first agency in the U.S. providing contract litigation insurance (CLI). Sonoma Risk Insurance Agency is based in …