March 26, 2013
According to the latest survey, conducted by the Financial Center Futures team at the London based Z/Yen Group, London, New York, Hong Kong and Singapore remain the top four centers The GFIC’s top 10 financial centers and their scores were …
March 26, 2013
Gen Re announced the appointment of Andrew Flitcroft as Marketing Manager for the Property/Casualty Treaty business in Australia and New Zealand, effective April 1, 2013. He is a Fellow of ANZIIF, and has been Gen Re’s Property Facultative manager for …
March 26, 2013
The Terrorism Risk Insurance Act, which was initially enacted in 2002, and amended by the Terrorism Risk Insurance Revision and Extension Act of 2005 and the Terrorism Risk Insurance Program Reauthorization Act of 2007 (TRIPRA) (collectively, including both amendments, TRIA), …
March 25, 2013
When it comes to property insurance reform in Florida, everyone is basically focused on proposals that deal with the Florida Hurricane Catastrophe Fund, Citizens Property Insurance Corp. and the (over) regulation of private insurance carriers in the state. Some bills …
March 25, 2013
At a Cypriot pawnbroker, one of the few growth industries in Europe’s debt-ridden south, someone had vented the anger of an island: “Thieves” was scrawled across the window, in bright red paint. The European Union might claim to have come …
March 25, 2013
Since shortly after Superstorm Sandy pummeled the Jersey shore last October, homeowners up and down the coast have agonized over whether to raise their homes to survive future storms.And when the federal government issued a revised set of preliminary flood …
March 25, 2013
Leadership at a statewide association of independent agents in Oklahoma has issued statements publicly supporting workers’ compensation system reform legislation. Dan Ramsey, president and CEO of the Independent Insurance Agents of Oklahoma, said the statements are in response to communication …
March 25, 2013
American International Group, Inc. (AIG) has launched Collateral Flex Option (CFO), a new risk financing option for companies with large deductible casualty insurance programs in the U.S. CFO provides an alternative for companies that would otherwise need to tie up …
March 25, 2013
The Missouri Department of Insurance announced that Missouri consumers who purchased travel insurance policies sold by a Pennsylvania-based insurer may be entitled to a refund of nearly $2 million. The policies were sold by the National Union Fire Insurance Co. …
March 25, 2013
State officials are using the 100th anniversary of a devastating and deadly flood to encourage Ohioans to prepare for potential high water emergencies by reviewing their response plans and insurance coverage. On the heels of the state and national Flood …