Importers and exporters that ship only a modest volume of goods do not have to settle for the often pricey or inadequate marine cargo insurance that is available from freight forwarders — the usual source of this kind of coverage …
How the Feds Can Address Systemic Risk Without Creating More Bureaucracy America’s market-based economic system once created the largest economic engine in the world and gave this country one of the highest standards of living in history. However, that system …
As a large region with solid prospects for long-term growth, Latin America continues to gain in popularity as a market for many U.S. companies. Exporters to this region, however, can face significant challenges when it comes to getting their goods …
Excess and Surplus Lines Market Offers a Place For Challenging Risks Since all service providers face the potential of law suits related to real or perceived “errors and omissions,” E&O coverage has become a necessity for nearly every service profession …
Lloyd’s opened its office in Brazil on Thursday, April 16, a year after receiving approval from the Superintendence of Private Insurance (SUSEP) to become the first admitted reinsurer in the country. Lloyd’s Brazil, located in Rio de Janeiro, “will allow …
The Colorado Senate has backed two measures aimed at taking $500 million from a state-created workers compensation insurance company to balance next year’s budget over the objections of Pinnacol Assurance and the businesses that rely on it. The bills, along …
Does a bad economy increase crime? Analysts have debated that question for years, according to Mike McKee, senior special agent for the National Insurance Crime Bureau. While it’s too soon for statistics to confirm whether recent events like the mortgage …
With consumers’ credit scores dropping as lenders tighten credit terms, insurance consumer advocates are stepping up their criticism of the use of credit scores by insurance companies. They are also warning insurers that they could lose business and consumer confidence …
Trade credit insurer Coface notes that the current “credit crisis, which entered its second phase in the fourth quarter of 2008, is worsening in all regions. After observing a decline in the average financial strength of companies in 22 countries …
The California Workers’ Compensation Appeals Board has decided to reconsider its earlier en banc decisions in Ogilvie v. City and County of San Francisco, Almaraz v. Environmental Recovery Services and Guzman v. Milpitas Unified School District, which industry experts say …
