October 17, 2011
Oklahoma workplace deaths rose 11 percent last year, but the increase was likely caused by people returning to work following the steep economic downturn of the year before, a federal official said. There were 91 work-related deaths in Oklahoma in …
October 17, 2011
Arch Insurance Group appointed Catherine Whiddon, regional vice president, as head of the company’s railroad casualty business unit. She will lead the underwriting of all commercial railroad liability, force account liability, railroad protective liability, scenic excursion liability, railroad general liability, …
October 17, 2011
In construction liability insurance, there is a great deal of inconsistency in determining whether faulty workmanship is an occurrence. The answer is all over the map, according to Finley Harckham, a veteran insurance attorney at the New York law firm …
October 17, 2011
A.M. Best Co. has affirmed the financial strength rating of ‘B-‘ (Fair) and issuer credit rating of “bb-” of Mexico’s Qualitas Compania de Seguros, S.A.B. de C.V., both with stable outlooks. The ratings reflect Qualitas’ “strained risk-adjusted capitalization, consistently elevated …
October 17, 2011
The U.S. Securities and Exchange Commission does not plan to charge Allianz SE for illegal activity at its private equity investments, according to two people familiar with the matter, in a case that could have tested the agency’s reach. Europe’s …
October 17, 2011
A number of Bermuda-based re/insurers have announced their respective loss estimates for the third quarter of 2011. The figures given include loss adjustment expenses, and are net of any applicable reinsurance recoveries, reinstatement premiums and taxes. Aspen Insurance Holdings Limited …
October 17, 2011
Canada’s Research In Motion Ltd said it will offer free premium apps worth more than $100, in a bid to appease its customers following BlackBerry service disruption last week. Research In Motion said the complete selection of premium apps will …
October 17, 2011
ACE USA, the U.S.-based retail operations of the ACE Group, has introduced a healthcare premises pollution liability insurance policy that is designed to address the environmental risks faced by the healthcare industry. Hospitals, long-term and short-term care facilities, in-patient and …
October 17, 2011
IronHealth, the specialty healthcare unit of Ironshore Inc., has expanded its government billing errors & omissions product suite to include a policy form tailored to meet the needs of managed care organizations (MCO). Similar to the healthcare provider policy form, …
October 17, 2011
The death toll from torrential rains in Central America over the past week has almost doubled since Saturday, with a further 25 lives lost in El Salvador, authorities said Sunday. A tropical depression that swept in from the Pacific on …