France’s AXA Group reported excellent results for the last quarter of 2005 and a full year increase in gross revenues of 6.9 percent. Overall sales rose from €67 billion ($33.72 billion) in 2004 to €71.7 billion ($87.56 billion). Asset Management …
Only Florida residents can sue insurers in state courts when companies are unauthorized to do business in Florida, the state Supreme Court ruled recently. State law prohibits nonresidents from filing such suits, the high court said in an unanimous opinion. …
Money talks, and it seems to speaking ever more loudly about the threat from the avian influenza virus H5N1, or bird flu. The Insurance Information Institute indicated that a severe outbreak, along the lines of the 1918 Spanish Flu pandemic, …
The Federation of European Risk Management Associations (FERMA) has issued a timely bulletin on the multiple risks society faces from the threat posed by the avian flu virus H5N1. “A massive outbreak of avian flu will not only affect the …
Euler Hermes ACI, a provider of trade credit insurance and risk mitigation information, has released a special global risk analysis report from its U.S. headquarters in Maryland. The company, a subsidiary of French insurer AGF, which is in turn part …
A.M. Best Co. announced that it has assigned a financial strength rating (FSR) of “B+” (Very Good) and an issuer credit rating (ICR) of “bbb-” to Turkish reinsurer Milli Reasurans Turk Anonim Sirketi (Milli Re), with a stable outlook. “The …
The appearance of the deadly H5N1 bird flu strain in Turkey and Romania has increased fears in Europe over the spread of the disease. The virus has been linked to more than sixty human deaths in Asia. Recent studies in …
ARKANSAS Forged State Check Scam Centers on Ark. Arkansas Attor-ney General Mike Beebe’s office said it is among several state and federal agencies investigating an international scam involving forged copies of State of Arkansas checks. Operating from Turkey and possibly …
Arkansas Attor-ney General Mike Beebe’s office said it is among several state and federal agencies investigating an international scam involving forged copies of State of Arkansas checks. Operating from Turkey and possibly Latvia, the scam artists send out counterfeit checks, …
Arkansas Attorney General Mike Beebe’s office announced it is among the state and federal agencies investigating an international scam involving forged copies of State of Arkansas checks. Operating from Turkey and possibly Latvia, the scam artists send out counterfeit checks, …
