August 25, 2010
The Florida Association of Insurance Agents has appointed three new members to its Board of Directors. The appointments were made during FAIA’s 106th Anniversary Convention and Education Symposium. “The FAIA board boasts a long history of exceptional leaders,” said Jeff …
August 4, 2010
Perhaps not surprisingly, Miami is Florida’s most vulnerable major city to strong hurricane winds, according to Florida State University researchers who developed a new tool to estimate the frequency of extreme hurricane winds at a particular location. The findings, from …
June 21, 2010
British energy giant BP Plc is planning to raise $50 billion to cover the cost of the Gulf of Mexico oil spill, while the head of a $20 billion fund to compensate victims of the accident vowed Sunday that eligible …
May 19, 2010
Farmers from across the Midwest told a U.S. House committee that a crop risk management program introduced in the 2008 farm bill is a good tool but it’s way too complex. The Average Crop Revenue Election program provides revenue support …
April 15, 2010
I couldn’t agree more with Florida Insurance Commissioner Kevin McCarty’s latest letter to the media asserting that facts – not mischaracterizations – should drive the public policy debate on Florida’s deteriorating property insurance market. The irony, Commissioner McCarty, is that …
April 5, 2010
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Panama City-based ASSA Compania de Seguros, S.A., both with stable outlooks. The ratings reflect ASSA’s “excellent capitalization, favorable operating results and …
February 22, 2010
The ACE Group has announced its initial executive appointments to its newly-created Global Client Executive team. Those assigned to the team will “work collaboratively with clients and distribution partners in major markets around the world to respond to their needs …
February 16, 2010
The Internal Revenue Service and 37 states are cracking down on companies that try to trim payroll costs by illegally classifying workers as independent contractors, rather than as full employees, The Associated Press has learned. The practice costs governments billions …
December 3, 2009
The Bermuda-based Max Capital Group Ltd. announced the establishment of a Latin American reinsurance operation and the appointment of two senior managers for the region. Carlos Caputo will serve as CEO of Max’s Latin American business, and Sonia Galvis will …
November 2, 2009
A powerful Florida state senator wants insurance companies and HMOs to stop denying coverage of routine medical treatment, such as doctor’s visits and X-rays, for Florida cancer patients participating in clinical trials. And if the insurers won’t do it voluntarily, …