June 16, 2008
When the dust settled at the end of the 2008 legislative session, Florida lawmakers had presented their governor with a full plate of insurance issues, the most significant of which is a bill including a rate-freeze extension for state-run Citizens …
June 16, 2008
They May Help the Public Think About Upcoming Storms But Forecasts Have Been Largely Misused by National Media, Says One Expert Each April, weather wizard William Gray emerges from his burrow deep in the Rocky Mountains to offer his forecast …
June 16, 2008
Regional and Specialty Carriers Are Critically Important Carriers in the Marketplace This year, 2008 marks the second year that Demotech, Inc., as Insurance Journal‘s Official Research Partner, has published our Company Classification System, including the list of Super Regional Property/Casulaty …
June 16, 2008
Majority of Advertising Appearing in Spanish-Language Media Automobile insurers are hungering for the Hispanic market’s premium dollars, according to a report by Hispanic Market Weekly that analyzed marketing and media trends being used by the industry. Automobile insurers spent $78.7 …
June 16, 2008
Regional and Specialty Carriers Are Critically Important Carriers in the Marketplace This year, 2008 marks the second year that Demotech, Inc., as Insurance Journal‘s Official Research Partner, has published our Company Classification System, including the list of Super Regional Property/Casulaty …
June 16, 2008
An insurance company unreasonably failed to pay for wind and other damage from Hurricane Katrina and must pay more than $21 million to the owner of a New Orleans grocery chain, a federal jury has found. “It’s the biggest Katrina …
June 12, 2008
A U.S. judge has ruled in favor of insurer Allianz in a dispute with World Trade Center developer Larry Silverstein about recovering money from third parties if they are found to be at fault in the September 11, 2001 attacks. …
June 12, 2008
Managers of global multiline insurance companies have their work cut out for them in 2008, according to analysts. The year 2008 will be one of challenge for global multiline insurers as they simultaneously try to remain profitable in a volatile …
June 12, 2008
Insurers continue to emerge from the credit crisis with strength and are among the least impacted of all financial institutions, according to a senior ratings agency official speaking at the Casualty Actuarial Society’s annual Seminar on Reinsurance. Jeffrey Berg, senior …
June 12, 2008
A federal district court in Nevada has ruled that an insurer has a right to reimbursement for settlement monies paid for non-covered damages. In Great American Insurance Company of New York v. Vegas Construction Company, Inc. et al., the court …