A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings of “a-” of Liechtenstein-based Glacier Insurance AG, following the successful completion of its acquisition by Torus …
UNFCU Financial Advisors, a United Nations Federal Credit Union-owned company, has partnered with Clements International to offer an international term life and personal accident insurance program to meet the needs of its members in the field, many of whom work …
Increased melting of glaciers and snow in the Himalayas and Tibetan Plateau threatens the food security of millions of people in Asia, a study shows, with Pakistan likely to be among the nations hardest hit. A team of scientists in …
Louisiana Department of Insurance Fraud Section Investigators served American Trade Association, its 13 companion companies and 14 personnel with cease and desist orders on June 7, 2010, for selling unauthorized insurance in Louisiana. Louisiana’s action follows regulatory moves against ATA …
Marsh Sees Insurer Security, Transparency, Accountability as Issues Despite the global economic crisis, the commercial insurance market is poised to remain stable through 2010, but new challenges are emerging for risk managers, according to a report issued by insurance broker …
Guy Carpenter, Marsh’s reinsurance brokerage and risk assessment division, has published “Terrorism: Reinsurers Standing By.” It concludes that “insurers and reinsurers have become increasingly sophisticated in their use of expert advice to monitor the political climate and dynamic nature of …
In conjunction with the release of the latest version of its “Terrorism Threat Map,” Aon’s Crisis Management division analyzes the current state of the ongoing efforts to combat terrorist activities. The analysis differs from Guy Carpenter’s report on the same …
Tropical Cyclone Phet roared toward the coast of Oman and was expected to make landfall late on Thursday at the earliest before barreling toward the oil-exporting Gulf Arab state’s LNG facilities. But Phet, a Category 4 storm with winds of …
Despite the global economic crisis, the commercial insurance market is poised to remain stable through 2010, but new challenges are emerging for risk managers, according to a report issued by insurance broker Marsh. The financial crisis has brought risk management …
South Dakota Insurance Division Director Merle Scheiber has ordered a company offering medical benefits insurance plans in the state to stop the practice. A temporary cease and desist order has been issued against Real Benefits Association by the South Dakota …
