February 3, 2014
A private flood insurance provider has stepped into Connecticut’s market, the first time homeowners along the shoreline battered by Superstorm Sandy have an alternative to increasingly costly federal insurance. The Flood Insurance Agency of Gainesville, Fla., is offering flood insurance …
February 3, 2014
U.S. regulators will take a step toward making talking cars a reality today, as Transportation Secretary Anthony Foxx is expected to propose standards for vehicle-to-vehicle communications that could prevent crashes. The National Highway Traffic Safety Administration scheduled a news conference …
February 3, 2014
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of the insurance entities within the Mercury Casualty Group Best also affirmed the FSR of ‘A-‘ (Excellent) and ICRs of …
February 3, 2014
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of the members of Allstate Insurance Group (Allstate). Best also affirmed the FSR of ‘A+’ (Superior) and ICRs of “aa-” …
February 3, 2014
PERILS, the independent Zurich-based organization providing industry-wide catastrophe insurance data, announced that its initial insured property loss estimate for windstorm Dirk, which affected the UK and France from December 23rd to 25th, 2013, is €275 million [$371 million]. PERILS said …
February 3, 2014
Willis Group Holdings recent publication, Mining Risk Review 2014, comments: “With the prospect of rising costs, falling commodity prices and decreased productivity levels, mining companies are embracing cost cutting measures to lay the foundation for long-term business growth. The report …
February 3, 2014
Bermuda-based Ironshore International has appointed Chris Horton to a new position as Director of Underwriting for U.S. Liability risks, including Specialty Casualty, IronPro, IronHealth and Environmental business lines. He is based in London, and also will join the Board of …
February 3, 2014
San Diego, Calif. (Feb. 3, 2014) – Atlas General Insurance Services, LLC, a national multi-line program manager, welcomes John Speckman and Joe Zuk as executive vice presidents of business development. Speckman and Zuk will be located in the new Atlas …