October 9, 2006
Ernie Csiszar, the Romania-born former South Carolina regulator who two years ago was named president and chief executive officer of the then newly-formed Property Casualty Insurers Association of America, resigned from PCI effective Sept. 30. Csiszar indicated that he plans …
October 9, 2006
liability award law Law will not be reinstated as they hoped 8 Bad buying habits in N.H. Audit blasts state insurance purchasing and risk management 10 Oh, deer it’s that season One insurer is bucking trend of deer collisions 10 …
October 9, 2006
One of the most serious problems facing the insurance industry today is the acute shortage of bright, college-educated young people entering the profession. Walk around any college campus and you’ll find that the brightest and best of our graduates are …
October 9, 2006
One of the most serious problems facing the insurance industry today is the acute shortage of bright, college-educated young people entering the profession. Walk around any college campus and you’ll find that the brightest and best of our graduates are …
October 4, 2006
Banking and insurance executives overwhelmingly plan to spend more, especially on staff, to help strengthen their anti-money laundering (AML) and terrorist financing compliance programs, according to new research by the audit, tax and advisory firm KPMG LLP. Competition for experienced …
October 3, 2006
A new federal report has found that the long-term development of the private terrorism insurance market remains at best uncertain due to the unpredictable nature of terrorist attacks. The President’s Working Group on Financial Markets Terrorism Insurance report says that …
September 27, 2006
Under a consent order issued by Florida Insurance Commissioner Kevin McCarty, AIG Insurance Company will be required to refund or credit approximately $13.6 million in workers’ compensation, and approximately $100,000.00 in non-workers’ compensation lines, plus interest, to policyholders in the …
September 27, 2006
Insurers, agents and business groups called on Congress to create a permanent solution safeguarding the economy against future terrorist attacks at congressional hearing today, “Protecting Americans from Catastrophic Terrorism Risk,” held jointly by the House Committee on Financial Services Subcommittee …
September 26, 2006
A new federal government report concludes that a totally private market solution to insuring against certain terrorist attacks is unlikely in the near future. The report covers the risk of nuclear, biological, chemical or radiological (NBCR) attacks only and does …
September 25, 2006
Peak hurricane season has arrived. Despite this season’s slow start, people who live along the coast are constantly aware that the next big storm could take shape at any time. This year, however, all of us are also looking back …