The Atlantic region can expect one more major hurricane this autumn and the northeast U.S. coast still faces double the average risk of getting hit, Weather Services International (WSI) said Tuesday. The Massachusetts-based private forecaster predicted the six-month Atlantic-Caribbean storm …
U.S. RE ApS, the European subsidiary of U.S. RE Corporation, international reinsurance brokers, has been selected by Finanstilsynet, the Danish financial Supervisory Authority, to conduct a study of terrorism risk reinsurance capacity in the Danish market, Mark Lucas, Managing Director, …
Texas Associates Insurors, based in Austin, Texas, has been selected for inclusion in the Independent Insurance Agents & Brokers of America (Big “I”) “Best Practices” Study Group. Each year since 1993, IIABA and Reagan Consulting, an Atlanta-based management consulting firm, …
Fireman’s Fund’s financials, like other insurance carriers’, got bruised a little in the first half of 2010, following some heavy catastrophe losses. But in an exclusive mid-year market update, company President and CEO Mike LaRocco said he’s “very bullish” about …
Edgewood Partners, Wholesale Trading Edgewood Partners Insurance Center (EPIC), its co-founder John Hahn and industry investor Jeff Cappel have formed Wholesale Trading Co-Op Insurance Services (WTC), a boutique wholesale brokerage firm that will serve approximately 30 large, privately held retail …
Highway Deaths Lowest Since 1950 Highway deaths fell to 33,808 in the United States for the year 2009, the lowest number since 1950. The decline in traffic fatalities occurred even while estimated vehicle miles traveled in 2009 increased by 0.2 …
Risk modelers say Hurricane Earl caused very minimal damage as it passed by the East Coast and agents in the hardest hit area of the United States, the Outer Banks of North Carolina, say they have been receiving few claims. …
Every year it’s worth noting the list of the current hot topics in the world of directors’ and officers’ liability. As should be obvious from this year’s list, there is a lot going on now, with further changes ahead. Here …
Monarch E&S Monarch E&S Insurance Services opened new offices in Hawaii and Arizona. The Hawaii office, located in Waikoloa, will be operated by company CEO Derek Borisoff. The Arizona office, located in Chandler, will be run by Senior Underwriter for …
Salaries and Benefits Lead but Quality of People and Relationships Win Votes, Too The results are in from the 2010 Best Independent Insurance Agency to Work For survey by Insurance Journal. The owners of the Best Agencies to Work For …
