The insurance industry is normally concerned with the very large – hurricanes, earthquakes, fires, etc.- but there’s increasing awareness that it should also be concerned about the very small. Nanotechnology is small indeed. A “nano” refers to one nano-meter, which …
Dublin-based Research and Markets announced the addition of “Global Warming & the Insurance Industry” to their offering. The study concentrates on the possible effects of the increase in the average temperature of the Earth’s near-surface air and oceans in recent …
New Jersey based Dowell Insurance Agency, Inc., and Integrated Assurance Solutions (Dowell / IAS) announce a new marketing alliance with the American Watchmakers-Clockmakers Institute (AWCI) whereby Dowell /IAS will provide insurance coverages under an exclusive Program arrangement to the AWCI …
New York City Mayor Michael Bloomberg will be the special guest as the Insurance Industry Charitable Foundation hosts its first annual dinner in New York on Wednesday, Dec. 5, 2007 at the Waldorf Astoria Hotel. The foundation expects to raise …
A $2.5 million lawsuit has been filed by the owner of a Nashville, Tenn., apartment complex against the state, its Department of Children’s Services and a teenage arsonist who set a series of apartment fires last year. The suit states …
Fitch Ratings has affirmed the ‘AA-‘ Issuer Default Rating (IDR) and ‘A+’ senior debt ratings of The Progressive Corporation, as well as the ‘AA+’ Insurer Financial Strength (IFS) rating of Progressive’s operating subsidiaries. “The ratings and rating outlook reflect Progressive’s …
Standard & Poor’s Ratings Services has raised its long-term counterparty credit and insurer financial strength ratings on France-based insurer MMA IARD Assurances Mutuelle (MMA IARD) to ‘A’ from ‘A-‘. S&P also raised its insurer financial strength rating on MMA’s guaranteed …
A clear indication that Michigan’s 1993 tort reforms are working is that the state’s largest physician medical malpractice insurer is cutting its premiums by 12 to 25 percent for Wayne County physicians, the Michigan State Medical Society (MSMS) announced yesterday …
An insurance company should have paid for Hurricane Katrina damage to a policyholder’s home because it’s unclear what types of flood damage were excluded from coverage by its homeowner policies, a state appeals court ruled Nov. 19. The 4th Circuit …
A new model law adopted by the National Conference of Insurance Legislators (NCOIL) will create a stronger safety net for property/casualty guaranty funds nationwide. According to legislators, the Post-Assessment Property and Liability Insurance Guaranty Association Model Act, adopted by NCOIL …