When Lloyd’s officially opened its Chinese reinsurer, Lloyd’s Reinsurance Company (China) Ltd. (LRCCL) (See IJ web site April 17), it left the slipcases behind in London. But it brought along David Andrews, CEO of Xchanging and Alex Letts, chief executive …
An attorney suing State Farm Fire and Casualty Co. on behalf of Hurricane Katrina victims wants to see the agreement that Mississippi Insurance Commissioner George Dale and the company reached that calls for re-evaluation of claims on the coast. The …
The up-and-coming hurricane researchers who accurately predicted a mild 2006 storm season, despite dire predictions of more established forecasters, said the 2007 season will be much more active — especially in the Gulf of Mexico. Two teams of researchers at …
A once high-flying asbestos litigation attorney was all set Friday to plead guilty to fraud involving thousands of clients, but a federal judge in Miami put the brakes on the deal to give victims a chance to be heard. Louis …
The actual costs of future catastrophes and other weather events linked to climate change are unknown but a new U.S. government report warns that both private insurers and the public sector are likely to pay a hefty price. The report …
BIRMINGHAM, Alabama – Casualty & Surety, Inc. (CSI), a specialty MGA, is very pleased to announce Catherine Shiebler has joined our team as Senior Underwriter for Workers Compensation. “We have underwriting contracts in 42 states with this new service, and …
Nationwide Mutual Insurance Co. will readjust claims for about 500 Mississippi policyholders whose homes were reduced to foundations by Hurricane Katrina, state Insurance Commissioner George Dale said. The so-called “slab cases” on the Gulf Coast have been the most contentious …
The Hawaii Legislature has passed a bill on temporary total disability benefits for workers’ compensation that the Chamber of Commerce is saying will increase business costs, because employers would not be able to cut off workers compensation payments during disputes …
Hawaii Gov. Linda Lingle met with CEO Soon Hwan Kim of Dongbu Insurance Co. Ltd. this week today to celebrate its first year of operations in the state. Dongbu is the first “alien insurer” licensed in another country to use …
Risk Management Solutions, a catastrophe risk modeling firm based in Newark, Calif., announced it anticipates there will be increases in its Industry Exposure Database, which may impact the measured risk for catastrophe bonds that rely on industry loss estimates (such …