January 23, 2007
As excitement over the Super Bowl builds, property casualty insurance professionals are anticipating their own “super” day: Monday, February 12. That’s the date when Insurance Journal magazine, in partnership with actuarial services firm Demotech, will unveil the industry’s first list …
January 23, 2007
Westfield Insurance has introduced a new online Risk Control Assessment to help businesses identify their risk issues. The 24-question survey, on www.WestfieldInsurance.com, is available to all visitors and provides a customized report of strengths and weaknesses, along with tangible action …
January 23, 2007
Of all the obscure parts of state government, the Louisiana Insurance Rating Commission is among the most ignored and misunderstood. And the panel may now be in its death throes. The commissioners ostensibly have power to limit, restrict and otherwise …
January 23, 2007
Newly elected Arkansas Attorney General Dustin McDaniel announced a proposal aimed at preventing identity theft will be presented as part of his legislative package for the 2007 legislative session. “Essentially what you’ll see is a package of bills that fall …
January 23, 2007
“Steady and sustained growth,” is how Vermont officials described 2006’s final tally for captive insurance as 37 new captive insurance entities were licensed. New to the nation’s largest captive insurer domicile, include such well-known companies as Starbucks Corp., McGraw-Hill, Principal …
January 23, 2007
Mississippi Commissioner of Insurance George Dale twill hold a public hearing for the his proposed regulation regarding a homeowner insurance policyholder bill of rights. The hearing will be held at 9 a.m. on Friday, January 26, 2007, in the Public …
January 23, 2007
A.M. Best Co. has affirmed the financial strength rating of “A-” (Excellent) and the issuer credit rating of “a-” of Taiwan’s Central Reinsurance Corporation with a stable outlook. “The affirmation of the ratings reflects Central Re’s strengthened risk-based capitalization, strong …
January 23, 2007
Bermuda’s PartnerRe Ltd. announced that it had written and bound approximately $1.8 billion of estimated Non-Life premium during the January renewal season. “On a constant foreign exchange basis, that represents a 4 percent decline over total renewable expiring premium of …
January 23, 2007
Swiss Re has issued a “focused report,” which assess the growth of the catastrophe bond market and calls for the establishment of an independent agency to “aggregate European claims data and provide the insurance industry with an efficient market loss …
January 23, 2007
Political storm clouds gathered again over the federal government’s response to Hurricane Katrina as former Federal Emergency Management Agency Director Michael Brown said party politics played a role in decisions on whether to take federal control of Louisiana and other …