Terrorism News

A look behind the very good property/casualty results for 2006

The numbers, or estimates, for the property/ casualty insurance industry for 2006 are in. Dr. Robert Hartwig, president and chief economist of the Insurance Information Institute, sat down with Insurance Journal’s Andrew Simpson at III’s Joint Property Casualty Insurance Conference …

Industry leaders debate federal versus state regulation with Democratic Congress shift

Could federal regulation of the insurance industry become a reality, now that Democrats control both the House and Senate in Congress?And are consumers and the insurance industry ready for such a scenario? Other financial industries operate under federal regulation, why …

U.S. House Panel to Meet in N.Y. March 5 on Terrorism Insurance

Congressman Paul E. Kanjorski, D. Pa., chairman of the House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises, announced that the Subcommittee will hold its first hearing in New York City to discuss extending the Terrorism Risk …

AIR Worldwide Names Rollins Vice President

AIR Worldwide Corp. announced that John W. Rollins has been appointed to the position of vice president. Rollins will be based in Tallahassee, Florida and will provide catastrophe-risk related actuarial consulting services to AIR’s clients. In addition, he will direct …

ABI Responds to UK Treasury’s Travel Insurance Regulation Proposals

A report from the UK’s Treasury Department, which calls for more regulation and control over travel insurance sold through tour operators and travel agents, has brought a response from the Association of British Insurers. On the positive side the ABI …

Thomas Hampton, District of Columbia, Commissioner, Department of Securities, Insurance and Banking

Thomas Hampton, commissioner of the District of Columbia Department of Securities, Insurance and Banking. Hampton, who was reappointed to his post by Mayor Adrian M. Fenty in January, discusses the District’s campaign to attract captive insurers, the renewal of the …

A look behind the very good P/C results for 2006

News Currents The numbers, or es-timates, for the property casualty insurance industry for 2006 are in, and Dr. Robert Hartwig, president and chief economist of the Insurance Information Institute, discussed them with Insurance Journal’s Andrew Simpson at I.I.I.’s Joint Property …

Business Moves

Royal & Sun A state hearing officer recommended Delaware’s insurance commissioner approve the proposed management buyout and eventual dissolution of Royal and Sun Alliance Insurance Group’s U.S. operations. The subject of a lengthy hearing last month, the proposed buyout awaits …

A look behind the very good P/C results for 2006

News Currents The numbers, or es-timates, for the property casualty insurance industry for 2006 are in, and Dr. Robert Hartwig, president and chief economist of the Insurance Information Institute, discussed them with Insurance Journal’s Andrew Simpson at I.I.I.’s Joint Property …

Industry leaders debate federal versus state regulation with Democratic Congress shift

Could federal regulation of the insurance industry become a reality, now that Democrats control both the House and Senate in Congress? And are consumers and the insurance industry ready for such a scenario? Other financial industries operate under federal regulation, …