Permafrost lands across Siberia and Alaska that contain vast stores of carbon are beginning to thaw, bringing with it the threat of a big increase in global warming by 2100, a U.N. report said on Tuesday. A thaw of the …
A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating (ICR) of “aa-” of Swiss-based Zurich Insurance Company Limited (ZIC)), the main operating company of Zurich Insurance Group Ltd. Best …
Catastrophe modeling firm AIR Worldwide has issued a preliminary report on the floods caused by the heavy rainfall that began lashing the British Isles on Thursday, November 22, prompting hundreds of flood warnings and alerts. “As of Tuesday, November 27 …
Taiwan’s government will pay Transglobe Life Insurance T$88.4 billion ($3 billion) to take over ailing rival Kuo Hua Life after Transglobe beat out other competitors in the biggest taxpayer-funded bailout ever by the island state. Taiwan’s overcrowded life insurance industry …
Swiss Re announced that it will engage in long-term financing of infrastructure businesses and assets, and has committed an initial US$500 million for investments in senior secured debt of infrastructure businesses and assets located primarily in northern Europe. “Institutional investment …
A new report from Lloyd’s notes that the “the world has been battered by natural catastrophes in recent years, revealing a serious gap between the economic cost of natural catastrophes and the levels of insured risk.” Recently published research, Lloyd’s …
This post is part of a series on insurance marketing and training sponsored by Astonish. Having a well-defined social media strategy is crucial to reaching and marketing to the modern consumer. And every well-defined strategy requires knowing where to get …
Have You Updated Your Procedures to Cover Handheld Devices? Without question, handheld devices, whether they be simple phones, pda’s, or smart phones, have transformed agency communications. Agency producers and staff can and do communicate with clients, vendors, and carriers using …
North Carolina Insurance Commissioner Wayne Goodwin and insurance companies have come to an agreement that allows for a statewide average increase of 13.2 percent for dwelling fire and extended coverage policies, spread over a three-year period. Insurers, represented by the …
Business owners in Georgia can now purchase commercial auto insurance directly from GEICO. By purchasing commercial coverage directly through the company, business owners can see significantly lower premium rates. Commercial insurance packages cover the cars, trucks and vans used by …
