Cooper Gay and Swett & Crawford Acquires Lloyd’s Broker NMB September 23, 2013 Cooper Gay Swett & Crawford (CGSC) has announced the acquisition of independent Lloyd’s insurance and reinsurance brokerage group Newman Martin...
Vote on Prudential Systemic Risk Designation Was 7-2 September 23, 2013 Prudential Financial Inc., the second-largest U.S. life insurer, was designated systemically important in a 7-to-2 vote by a council of...
EU and Singapore Finalize Details of Far-Reaching Trade Deal September 23, 2013 By Philip Blenkinsop and Rachel Armstrong The European Union and Singapore have finalized the details of one of the world’s most comprehensive free trade agreements, a...
Swiss Re Estimates $240 Million in Claims from German July Hail Storms September 23, 2013 Swiss Re said it estimates industry wide insured losses from the hail storms in northern and Southern Germany in July...
Typhoon Usagi Weakens before Hitting China Coast: AIR Worldwide September 23, 2013 According to catastrophe modeling firm AIR Worldwide, Severe Typhoon Usagi, the 19th named storm to form in the Northwest Pacific...
Mississippi Insurance Agency Owner Charged with Fraud September 23, 2013 A Philadelphia, Miss., man has been charged with multiple counts of insurance fraud. Attorney General Jim Hood said in a...
FEMA Chief Disappoints Senators, Says He Can’t Delay Flood Insurance Rates September 23, 2013 By Andrew G. Simpson Pressure continues to build in Congress to delay implementation of flood insurance reforms that are raising premiums for thousands of...
Louisiana Citizens Lowering Commercial Property Rates September 23, 2013 The property insurer of last resort in Louisiana plans to lower rates for commercial policyholders. The 352 commercial policyholders Louisiana...
The Hanover Says It Is Committed to Oklahoma September 23, 2013 The Hanover Insurance Company does a lot of business in Oklahoma and plans to keep it that way. Responding to...
Houston Insurance Agent Sentenced to 10 Years in Prison September 23, 2013 An insurance agent from Houston has been sentenced to 10 years in prison for pocketing more than $250,000 in customer...