There is a new political dynamic in Congress that presents both opportunities and pitfalls. Last year, the President signed into law pension and health care reform that will greatly benefit insurance consumers. House passage of a surplus lines bill illustrated …
Stock Prices: Commercial insurers breathed a sigh of relief in the fourth quarter as the 2006 hurricane season officially ended with only minor losses, a dramatic contrast from a year ago. Insurers’ stock prices reflected the calm hurricane season, benefiting …
A.M. Best Co. has affirmed the Best’s Syndicate Rating of “A” (Excellent) and the issuer credit rating of “a+” of Lloyd’s Syndicate 570, which is managed by Atrium Underwriters Limited, with a stable outlook. Best also affirmed Atrium’s Syndicate 609 …
A.M. Best Co. has affirmed the Best’s Syndicate Rating of “A” (Excellent) and the issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 609, which is managed by Atrium Underwriters Limited. Best also affirmed the ICR of “bbb+” of UK-based …
“What happened to the 2006 Atlantic hurricane season?” This question and others will be addressed by Max Mayfield, newly retired director of the National Hurricane Center, during his keynote address at the Eighth Annual Windstorm Insurance Conference, set for Jan. …
Three days after a Florida special legislative session on insurance rates for homeowners, Gov. Charlie Crist signed legislation that promises to provide insurance reform, including rate reductions and an expansion of Citizens Property Insurance Corp.’s offerings. The bill also includes …
Florida homeowners might want to go without wind coverage, and may decide on a higher deductible in return for lower rates, but mortgage companies could keep these options from producing what the Florida Legislature wants: lower property insurance rates for …
Property casualty insurers increasingly steered clear of the water out of fear of catastrophe losses during the past year. But while they were keeping a wary eye on the coasts in 2006, and escaped relatively unscathed in those areas thanks …
Lloyd’s capacity for the year 2007 has increased to approximately £16 billion ($31.42 billion at current conversion rates), compared to the 2006 figure of £14.8 billion ($29 billion) in terms of gross written premium. Rolf Tolle, Lloyd’s Franchise Performance Director, …
Looking to rub elbows with industry leaders? Maurice “Hank” Greenberg will be in Atlanta and Lord Peter Levene of Lloyd’s will be in Singapore. Feel like networking among the stars? Fox News commentator Bill O¹Reilly and veteran journalist Morton Kondracke …
