Golden Bear Insurance Company has been upgraded to a “B++ VI” rating by A.M. Best Company. The rating reflects the company’s continued underwriting and operating profitability, solid capitalization and well-established local market presence in California. A.M. Best recognizes the company’s …
Two years before a deadly earthquake-triggered tsunami pummeled the Solomon Islands, scientist Fred Taylor’s request for U.S. funds to set up a Pacific seismic monitoring network was flatly rejected. Then there is Phil Cummins of Geoscience Australia, who is still …
Calabasas, Calif.-based Maverick Commercial Insurance Services, a wholesale brokerage firm operating in California, Nevada and Arizona, has hired Matthew Gomez as a broker. Gomez will specialize in property and casualty insurance, focusing on hard-to-place general liability for contractors e.g., artisans, …
The government’s role in insurance markets is a matter of increasing importance and controversy. Historically, state insurance departments have regulated insurers and insurance markets, overseeing solvency, rate and form regulation, and consumer protection. More recently, however, the state itself is …
Catastrophic coverage “A decrease in the already low penetration rate would reduce the number of Californians able to afford to rebuild after a devastating earthquake.” — The California Department of Insurance, warning that if higher earthquake claims limits were unavailable, …
EU Reinsurance Directive, Solvency II, killer risks and catastrophes all up for discussion Eighteen years ago an Irish insurance conference would have consisted of a broker and an underwriter from Dublin having a pint of Guinness in a pub (most …
30 Number of states that require companies that have information that can be used in identity theft — driver’s license numbers, bank account numbers, Social Security numbers — to tell individuals if that information has been compromised. $3.6 billion Amount …
But mega-cats need a public-private partnership, first responders and industry agree The best way for the federal government to help property owners recover from a natural disaster is to let private insurers do what they know, except in the case …
Eighteen years ago an Irish insurance conference would have consisted of a broker and an underwriter from Dublin having a pint of Guinness in a pub (most likely in London). Times have changed. Since the founding of the Dublin International …
30 Number of states that require companies that have information that can be used in identity theft — driver’s license numbers, bank account numbers, Social Security numbers — to tell individuals if that information has been compromised. $3.6 billion Amount …
