Members of the National Association of Insurance Commissioners have elected Maine Insurance Superintendent Alessandro Iuppa as president. They also elected regulators from Alabama, Kansas and New Mexico to key positions at the organization’s 2006 officers during the Association’s Winter National …
Members of the National Association of Insurance Commissioners have elected Maine Insurance Superintendent Alessandro Iuppa as president. They also elected regulators from Alabama, Kansas and New Mexico to key positions at the organization’s 2006 officers during the Association’s Winter National …
Hurricane Wilma darkened the outlook for Florida orange growers, reducing production estimates by 15 percent, the Agriculture Department said. Still, this year’s crop will outdo last year’s by about 8 percent in Florida, the department said in its monthly crop …
Members of the National Association of Insurance Commissioners elected regulators from Maine, Alabama, Kansas and New Mexico as the organization’s 2006 officers during the Association’s Winter National Meeting. NAIC members elected Maine Insurance Superintendent Alessandro Iuppa, current NAIC President-Elect, as …
A.M. Best Co. announced that it has affirmed the financial strength rating (FSR) of “A++” (Superior) and assigned an issuer credit rating (ICR) of “aa+” to Japan’s Tokio Marine & Nichido Fire Insurance Company, Ltd. (TMNF). Concurrently, Best upgraded the …
Okay, so my rantings about what a great insurance market the Midwest is have come back to haunt me. Evidently we’re just as vulnerable as any other region of the country or the world. Look what happened on Nov. 6, …
Okay, so my rantings about what a great insurance market the Midwest is have come back to haunt me. Evidently we’re just as vulnerable as any other region of the country or the world. Look what happened on Nov. 6, …
A.M. Best Co. announced that it has affirmed the financial strength rating (FSR) of “A+” (Superior) and the “aa-” issuer credit rating (ICR) of Japan’s Toa Reinsurance Company, Limited (Toa Re) with a negative outlook. Best also affirmed the FSR …
Leading Lloyd’s insurer (Syndicate 2001), Amlin Plc. announced that it is in the process of forming a new, wholly owned, Bermuda reinsurance company with an initial capitalization of $1 billion. The company is aiming to participate in the forthcoming first …
Hiscox, Plc, one of the U.K.’s leading Lloyd’s and specialty insurers, announced that it’s in the process of forming a Bermuda-based subsidiary, which will “write a balanced business mix of reinsurance and retail business.” The company plans to raise £170 …
