May 8, 2014
Florida Attorney General Pam Bondi is keeping the state’s prescription drug database up and running after state legislators decided against funding it. The Florida Legislature did not set aside any money for the nearly three year old program during the …
May 8, 2014
The ACE Group announced the appointment of David Heard as Senior Vice President, Personal and Business Insurance, for the company’s Latin America region. He takes over responsibility for all personal lines and small commercial business in the region. Heard joins …
May 8, 2014
Aon Benfield’s Impact Forecasting’s latest edition of its monthly Global Catastrophe Recap report, Highlights the “multi-day outbreak of severe weather and flash flooding in the U.S.”, which, the report said, would “likely be the first billion-dollar economic loss event of …
May 8, 2014
The world’s largest reinsurer, Munich Re, reported an almost 5 percent drop in net profit in the first quarter, as a strong euro dragged down premium income. “Despite negative currency effects, we almost matched the outstanding result of the first …
May 8, 2014
The RSA Insurance Group Plc reported a 15 percent decline in revenue for the first quarter after the U.K.’s biggest non-life insurer by market value sold assets to bolster its balance sheet. Net written premiums, a measure of sales, fell …
May 8, 2014
“Climate change is real and we need to factor it into all future catastrophe modelling” – that’s the conclusion of a new report published today by Lloyd’s. The report: ‘Catastrophe Modelling and Climate Change’, states that “with the existence of …
May 8, 2014
April’s outbreak of severe weather and flash flooding in the U.S. will likely be the first billion-dollar economic loss event of 2014 attributed to convective thunderstorms, according to a report by Aon Benfield’s catastrophe model center, Impact Forecasting. At least …
May 8, 2014
Insurance professionals will save time and ensure accuracy with pre-filled ACORD forms Westerville, Ohio – May 8, 2014 – Revolution Group, a leading technology integration provider specializing in the property/casualty segment of the insurance industry, announced today that it has …
May 8, 2014
Catalina Holdings (Bermuda) Ltd. has announced that it has signed a definitive agreement with Delta Lloyd Group under which a portfolio of marine insurance liabilities in run-off will be reinsured by Catalina’s wholly owned Swiss subsidiary, Glacier Reinsurance AG, subject …
May 8, 2014
Lt. Donald McWhorter is the 2014 Texas Department of Insurance (TDI) Fraud Unit Employee of the Year. McWhorter was recognized for his successful career in law enforcement and fraud investigation during the 16th Annual TDI Fraud Conference held at the …