Editor’s note: This is the second article in a series on Western insurance associations. Part I of this article appeared in the April 3, 2006, western region publication beginning on page 47. As people migrate to the West, insurers’ must …
With the exception of a few notorious hotspots, rates for stand-alone terrorism insurance have dropped by 40 to 50 percent since 2002, according to Aon’s Crisis Management division. The reductions have been driven by a steady growth in capacity coupled …
While Italians sadly said farewell to the Torino 2006 XX Olympic Winter Games, held Feb. 10-26, insurers are happy the event came and went without a hitch. For the first time, the International Olympic Committee purchased an event cancellation policy …
Claim counts include March and April storms N1 U.S. tort costs reach a record $260 billion, study reports Cost exceeds other countries’ by large margin N1 Private companies at increased risk of liability lawsuits Survey shows private companies have the …
A Texas jury awarded $27.5 million (euro22.72 million) in damages to a woman of Iranian descent who said she was racially profiled when Southwest Airlines Co. accused her of assaulting a flight attendant. Samantha Carrington of Santa Barbara, California, won …
With the exception of a few notorious hotspots, overall rates for stand-alone terrorism insurance have dropped by 40-50 percent since 2002, according to an update on the market by Aon’s Crisis Management Division. The reductions have been driven by a …
The Professional Insurance Agents of Louisiana (PIA) reported that several of the association’s members are set to meet with members of Congress in Washington, D.C. on April 6, 2006. Jared “Butsy” Martin, president of PIA of Louisiana and owner/principal of …
Is the nation’s terrorism-centric focus hurting its efforts to plan for other disasters? Dr. James L. Valverde Jr., director of economics and risk management for the Insurance Information Institute, posed that question at the recent Chartered Property Casualty Underwriters Society …
For 317 years London’s insurance market in general and Lloyd’s in particular has been adapting to changing conditions both locally and globally. It’s never been easy, but the fact that it has happened at all — let alone for over …
For 317 years London’s insurance market in general and Lloyd’s in particular has been adapting to changing conditions both locally and globally. It’s never been easy, but the fact that it has happened at all–let alone for over three centuries–evinces …
