Japan News

Study Claims U.S. ‘Tort Tax’ Tops $9,800 Per Family

America’s legal system imposes an economic cost of more than $865 billion every year, or more than $9,800 per family, according to a new study released by the Pacific Research Institute (PRI), a free-market think tank based in San Francisco. …

Powerful Earthquake Rocks Japan; 1 Dead, 170 Injured

A powerful earthquake struck Japan on Sunday, killing at least one person and injuring 170 others as it damaged buildings and triggered a small tsunami along the coast, officials said. The magnitude-6.9 quake struck at 9:42 a.m. (0042 GMT) off …

Caribbean nations establish joint disaster insurance pool

Caribbean countries joined by outside donors and international and regional organizations established a $47 million insurance pool to soften the blow from earthquakes and hurricanes. Called the Caribbean Catastrophe Risk Insurance Facility, the program grew out of member governments’ determination …

Caribbean nations establish joint disaster insurance pool

Caribbean countries joined by outside donors and international and regional organizations established a $47 million insurance pool to soften the blow from earthquakes and hurricanes. Called the Caribbean Catastrophe Risk Insurance Facility, the program grew out of member governments’ determination …

Caribbean Nations Establish Joint Disaster Insurance Pool

Caribbean countries joined by outside donors and international and regional organizations established a $47 million (euro35.7 million) insurance pool this week to soften the blow from earthquakes and hurricanes. Called the Caribbean Catastrophe Risk Insurance Facility, the program grew out …

S&P Reports Japanese Insurers Facing Increasing Scrutiny

Standard & Poor’s Ratings Services said in a new report that the risk management practices and internal control policies of Japan’s insurers are coming under increasing scrutiny following a series of public scandals over nonpayment of insurance claims. At the …

Willis Taps into Supercomputer to Analyze Climate Change, Nat Cats

The Willis Research Network (WRN) “has joined forces with internationally renowned universities to harness the immense power of the NEC Earth Simulator in Yokohama, Japan to help insurers understand the frequency and severity of natural catastrophes in the face of …

2007 Super Regional Property/Casualty Insurers™ Alphabetical listing

Acuity a Mutual Insurance Co. AIG Centennial Insurance Co. AIG Premier Insurance Co. AIU Insurance Alaska National Insurance Alfa Insurance Corp. American Automobile Insurance Co. American Commerce Insurance Co. American Family Home Insurance Co. American Family Mutual Insurance Co. American …

2007 Super Regional Property Casualty Insurers™

Acuity a Mutual Insurance Co. AIG Centennial Insurance Co. AIG Premier Insurance Co. AIU Insurance Alaska National Insurance Alfa Insurance Corp. American Automobile Insurance Co. American Commerce Insurance Co. American Family Home Insurance Co. American Family Mutual Insurance Co. American …

John Green, Farmers Actuary, Dies in Auto Accident

John Green, Farmers Insurance Group’s regional vice president of auto product management and chief auto actuary, died Thursday, Feb. 1, of injuries due to an auto accident. A respected leader in the industry and at Farmers, Green was responsible for …