An assault on climate change on many fronts makes good economic sense but will be money badly spent if the world focuses exclusively on cutting greenhouse gas emissions, a new study said on Thursday. A 100-year package costing $800 billion …
Insurance equity analysts expect a significant increase in property/casualty mergers and acquisitions this year, according to findings of a global survey by Accenture. More than two-thirds (71 percent) of all P/C analysts surveyed said they anticipate a “significant increase” in …
The number of medical malpractice lawsuits filed in Pennsylvania declined for a third consecutive year in 2007, according to figures released by the state Supreme Court. The number of suits, 1,617, represented a 4.5 percent decline from 2006 and a …
Charlotte, N.C.-based national wholesale insurance broker AmWINS Group, Inc. announced that James Drinkwater has been named president of its AmWINS Brokerage division. In this role, Drinkwater will be responsible for the day-to-day management of the division, which is focused on …
The Liability Risk Retention Act of 1986 (LRRA) was enacted for the specific purpose of providing options to businesses and non-profit organizations that were having trouble finding commercial liability insurance that suited their specific needs at prices they could afford. …
The Liability Risk Retention Act of 1986 (LRRA) was enacted for the specific purpose of providing options to businesses and nonprofit organizations that were having trouble finding commercial liability insurance that suited their specific needs at prices they could afford. …
A report from Standard & Poor’s Ratings Services analyzes the catastrophe bond and reinsurance sidecar markets, which, S&P concludes, have “experienced sharp surges of activity after 2005.” However the “growth of these insurance-linked securities (ILS) has been slowing since the …
The Wharton Risk Management and Decision Processes Center has appointed Harvey Ryland as a senior research fellow. Ryland brings to the Wharton Risk Center 30 years of experience in the field of emergency management. Ryland is the former president and …
Maxum Specialty Insurance Group, based in Duluth, Ga., appointed F. Marshall Turner, II, as the president and CEO of Maxum Indemnity Co. and Maxum Casualty Insurance Co. His appointment is effective May 5, 2008. Turner will serve as a director …
New York City Mayor Michael Bloomberg on Thursday called on the U.S. government to pay $150 million a year to cover medical bills for workers and residents whose health suffered due to the Sept. 11, 2001, attacks. The federal government …
