Connecticut insurance broker R.C. Knox has paid the state $754,804 to settle allegations that it accepted undisclosed compensation from insurance carriers in exchange for placing insurance for the state. Attorney General Richard Blumenthal said R.C. Knox accepted $415,058 in “improper …
Insurance companies are threatening the construction schedule for the symbolic Freedom Tower at ground zero, the World Trade Center site’s developer told state lawmakers concerned about the pace of rebuilding. Insurance companies that control billions of dollars in rebuilding funds …
The commercial insurance marketplace cannot effectively price and underwrite terrorism coverage because there still is no effective modeling, so any long-term solution to the terrorism risk coverage must involve the federal government, in the opinion of U.S. commercial insurance brokers. …
Standard & Poor’s Ratings Services moved quickly to affirm its “A” counterparty credit and financial strength ratings on IPCRe Ltd. and its “A” financial strength rating on IPCRe Europe Ltd. (collectively IPCRe), following the announcement that AIG intends to sell …
For 317 years London’s insurance market in general and Lloyd’s in particular has been adapting to changing conditions both locally and globally. It’s never been easy, but the fact that it has happened at all — let alone for over …
For 317 years London’s insurance market in general and Lloyd’s in particular has been adapting to changing conditions both locally and globally. It’s never been easy, but the fact that it has happened at all–let alone for over three centuries–evinces …
The London insurance market: The City and the regulators For 317 years London’s insurance market in general and Lloyd’s in particular has been adapting to changing conditions both locally and globally. It’s never been easy, but the fact that it …
Insurance companies asked a federal appeals court in New York earlier this month to reject a jury verdict that would enable developer Larry Silverstein to obtain an extra $1.1 billion to rebuild the World Trade Center complex. Meanwhile, Silverstein’s lawyers …
Insurance companies asked a federal appeals court in New York earlier this month to reject a jury verdict that would enable developer Larry Silverstein to obtain an extra $1.1 billion to rebuild the World Trade Center complex. Meanwhile, Silverstein’s lawyers …
Insurance companies asked a federal appeals court in New York this week to reject a jury verdict that would enable developer Larry Silverstein to obtain an extra $1.1 billion to rebuild the World Trade Center complex. Meanwhile, Silverstein’s lawyers asked …
