May 19, 2008
AmWINS, Beacon Risk Strategies Charlotte, N.C.-based AmWINS Group Inc. acquired Beacon Risk Strategies, a Seattle-based managing general underwriter of excess-loss benefits insurance. Terms of the transaction were not disclosed. Founded in 1999, Beacon Risk Strategies provides stop-loss products to protect …
May 19, 2008
Workplaces are getting safer each year; but that doesn’t mean the cost of workers’ comp coverage will decline Ongoing efforts to curb workplace injuries have made substantial progress in most parts of the country. That’s good news for employees, of …
May 19, 2008
The U.S. Senate officially rejected a bid by Gulf state senators to add wind coverage to the financially strapped federal flood insurance program. Lawmakers from Louisiana and Mississippi cited problems that occurred after Hurricane Katrina and other big 2005 storms …
May 19, 2008
Myanmar’s disaster and a 100-year, $800 billion plan to combat climate change The cruelest months for many insurers, reinsurers and brokers, were undoubtedly the end of April and the beginning of May when they reported first quarter earnings. With few …
May 19, 2008
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Pizza Delivery Program Market Detail: IPC offers hired and non-owned auto coverage for food delivery …
May 19, 2008
Complex Investigation “They’re going to treat it as suspicious until they find out it isn’t.” —Norwich, Connecticut Police Capt. Timothy Menard, commenting on the investigation into a massive fire at an apartment complex in the town. The blaze leveled a …
May 19, 2008
Suddenly all the rules changed for Boston Software and 90% of the state’s agents who depend on its product No tool is more indispensable to an insurance agency than a computer; after all, it’s where the rates come from. So …
May 19, 2008
MyNewmarkets.com, the Web site with a searchable online directory that brings together agents seeking property/casualty insurance markets with the market providers, is expanding its content to include in-depth analysis and reporting on technical and coverage issues. Christopher J. Boggs has …
May 12, 2008
The U.S. Senate last week officially rejected a bid by Gulf state senators to add wind coverage to a financially strapped federal program that provides flood insurance. Lawmakers from Louisiana and Mississippi cited problems that occurred after Hurricane Katrina and …
May 8, 2008
Bermuda-based RenaissanceRe Holdings Ltd. announced that Dan R. Eudy has joined the Company as Senior Vice President of the Glencoe Group, which conducts the organization’s Individual Risk business. He will report to William J. Ashley, Glencoe Group CEO, and is …