Faced with hundreds of big, hard-to-control blazes, California is struggling with what could be its most expensive firefighting season ever, burning through $285 million in the last six weeks alone and up to $13 million a day. With the worst …
Noted hurricane researcher William Gray, a former Colorado State University climatologist, has revised his Atlantic forecast upward and now calls for a total of nine hurricanes this season — an increase of one. Gray said five of the hurricanes will …
A.M. Best Co. has assigned a financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” to Florida-based ASI Preferred Insurance Corporation, following the inclusion of the company in the American Strategic Insurance Group (ASI Group). …
Tokio Marine, Philadelphia Insurance Japan’s Tokio Marine Holdings, Inc. has agreed to acquire Philadelphia Consolidated, a U.S. property/casualty insurance company offering specialty commercial property and casualty insurance to targeted markets. The total transaction value is approximately $4.7 billion. It is …
Travelers, Nationwide Mutual and two insurance producer organizations are supporting a plan they say will make private windstorm insurance more affordable and available in coastal areas. The concept includes federally-regulated uniform windstorm coverage for coastal homes from Texas to Maine …
Travelers, Nationwide Mutual and two leading national insurance producer organizations are supporting a plan they say will make private windstorm insurance more affordable and available in coastal areas. Federal legislation would be required to enact the outlined concept, which includes …
The Case for Risk Management and Insurance Education If you’re like most insurance firms, your workforce is aging. Or, as a friend of mine recently put it, “There’s a lot of gray hair in the room.” Not that there’s anything …
Travelers, Nationwide Mutual and two leading national insurance producer organizations are supporting a plan they say will make private windstorm insurance more affordable and available in coastal areas. Federal legislation would be required to enact the outlined concept, which includes …
Travelers, Nationwide Mutual and two leading national insurance producer organizations are supporting a plan they say will make private windstorm insurance more affordable and available in coastal areas. Federal legislation would be required to enact the outlined concept, which includes …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Personal Umbrella – Hard-To-Place Clients Market Detail: International Excess Agency Inc. offers several specialized personal …
