A proposed management buyout and eventual dissolution of Royal & Sun Alliance Insurance Group’s U.S. operations could leave policyholders in jeopardy, according to critics trying to halt the deal that is before Delaware regulators. The proposed buyout was the subject …
New York Sens. Hillary Clinton and Charles Schumer, along with New York City Mayor Michael Bloomberg, have expressed concerns that the deal may leave Royal Indemnity unable to meet its obligations. A proposed management buyout and eventual dissolution of Royal …
Biggest U.S. property cat losses in 2006 were away from coasts Property casualty insurers increasingly steered clear of the water out of fear of catastrophe losses during the past year. But while they were keeping a wary eye on the …
A proposed management buyout and eventual dissolution of Royal & Sun Alliance Insurance Group’s U.S. operations could leave policyholders in jeopardy, according to critics trying to halt the deal that is before Delaware regulators. The proposed buyout was the subject …
Property casualty insurers increasingly steered clear of the water out of fear of catastrophe losses during the past year. But while they were keeping a wary eye on the coasts in 2006, and escaped relatively unscathed in those areas thanks …
It has long been one of New York City’s nightmares: Terrorists target tunnels, flooding commuter lifelines and possibly some of the city itself. The grim scenario is getting renewed scrutiny after a new report suggested that PATH commuter rail tunnels …
From Maine to Virginia, agents and adjusters helped property owners dig out from damaging floods. High waters seemed to hit a new state every week. Meanwhile, these same agents had to worry about whether their income was at stake due …
From Maine to Virginia, agents and adjusters helped property owners dig out from damaging floods. High waters seemed to hit a new state every week. Meanwhile, these same agents had to worry about whether their income was at stake due …
1. Unsettling Deals on Agent Compensation Agents battle to save contingent pay. 2.Flood Realities Water, water everywhere but not always coverage. 3. Political Climate Change Midterm elections promise new faces and fresh starts. 4. Don’t Go Near the Water Insurers …
A port security task force this week urged that the nation adopt mandatory security standards for cargo and that the president appoint a port security czar to coordinate the federal agencies that oversee the nation’s 361 seaports. Shippers should also …
