The Dublin International Insurance & Management Association (DIMA), the representative body for the international re/insurance industry in Ireland, has announced “another record year of premium income growth,” despite the serious economic effects of the current recession on the overall Irish …
The Independent Insurance Agents of West Virginia has called off its 110th annual convention that was set to kick off on Sept. 30 for a few days at Pipestem State Resort. The association cited the struggling economy as the reason. …
The Bermuda Monetary Authority (BMA) has signed a Memorandum of Understanding (MOU) with the Florida Office of Insurance Regulation (FLOIR). The bulletin noted that it “is the latest in a number of such agreements that the Authority has signed to …
Promises of high profits, low risks, and guaranteed returns may sound too good to resist to cash-strapped investors in a recovering economy, but Montanans struggling to avoid getting scammed don’t have to go it alone. Montana Commissioner of Securities and …
If the suicide bombers who targeted two luxury hotels in Jakarta this year hoped their attacks would strike a significant long-term blow against Indonesia’s economy, the reaction of financial markets suggests they were wrong. Economic warfare is at the heart …
The state of Washington yesterday announced higher workers’ compensation insurance premiums for 2010 than earlier forecasted. In June, the state’s Department of Labor and Industries advised the Workers’ Compensation Advisory Committee on a preliminary basis that an average increase of …
U.S. Treasury Secretary Timothy Geithner argued forcefully Wednesday for creating a government watchdog for financial consumers, while giving cautious support to paring back its scope. Amid stiff resistance by banks and Republicans to the proposed Consumer Financial Protection Agency, Geithner …
Blame for the financial crisis and the near collapse of American International Group should reflect “the substantial evidence of fundamental failures in U.S. and foreign regulation of commercial banking, thrift lending, and investment banking,” according to a new report that …
Just ahead of Iranian President Mahmoud Ahmadinejad’s Wednesday address to the United Nations in New York, California Insurance Commissioner Steve Poizner encouraged his fellow state insurance commissioners to follow California’s lead and to probe insurance company investments for ties to …
Proud, Not Embarrassed “We are absolutely not embarrassed. In fact, we’re very proud of the success that Pinnacol has realized for the state of Colorado. We are very proud that we have a very viable, stable, competitive system in Colorado.” …
