A report from Standard & Poor’s Ratings Services analyzes the catastrophe bond and reinsurance sidecar markets, which, S&P concludes, have “experienced sharp surges of activity after 2005.” However the “growth of these insurance-linked securities (ILS) has been slowing since the …
Kevin Gill joins Ernst & Young as lead partner for the firm’s newly-created insurance run-off team. Based within the firm’s Financial Services’ transaction advisory services practice in London, he will be responsible for building Ernst & Young’s existing capabilities in …
The Catlin Syndicate, the largest syndicate at Lloyd’s of London in terms of premium capacity, is leading the cargo insurance coverage for goods transported by an innovative new rail container service linking Europe with China. The Company’s bulletin noted that …
West Virginia officials sentenced two McDowell County men after charging them with conspiracy to commit insurance fraud, according to West Virginia Insurance Commissioner, Jane L. Cline. Cline said Harold Patrick Estep, 29, and Brian Keith Estep, 25, both of Panther, …
The American Insurance Association (AIA) criticized the legislative actions of the Michigan House Democrats’ claiming the proposals do little to address the flaws in the state’s insurance market. “Once again the House Insurance Committee will likely pass legislation that does …
Becoming a successful car insurance agent has a lot to do with the marketing plan that you have in place. If this is something that you take seriously, you will find that your business is growing at a higher pace …
A bill that seeks to limit frivolous medical malpractice lawsuits is on its way to the governor’s office. The Senate unanimously agreed with changes made earlier in the House. The bill would require plaintiffs to give 60 days notice before …
A southern Indiana wood products company plans to rebuild its warehouse and factory destroyed in a Feb. 2 fire. Harrison County officials have agreed to provide $900,000 in utility improvements for the Norstam Veneers plant in Mauckport, Ind. The company’s …
The new director of Arkansas’ Martin Luther King Commission made misrepresentations in insurance claims for traffic accidents tied to an insurance fraud ring, according to a circuit court case filed by the Arkansas Insurance Department. DuShun Scarbrough, who began working …
Finally, there’s some relief for city leaders and homeowners who have been dealing with month-long flooding in a few neighborhoods. The state will reimburse the city for some of the costs to fight the flooding, and the water is going …