Piracy on the high seas used to be a simple affair: Climb on board, take the valuables, and go.
Underwriters and brokers said Thursday there’s no question that shipping operators will face more expensive premiums as a result of the increased danger in navigating areas such as the Gulf of Aden and along the east coast [...]
New Hampshire insurance consumers can now combine their home, auto, personal property, watercraft and liability protection in a single policy, with the added convenience of one bill and a single deductible for any loss involving both homeowners and auto.
OneChoice CustomPac from OneBeacon Insurance provides a true blanket limit, which offers excellent value at a time [...]
The program, enacted in 2003 in response to escalating malpractice insurance premiums, uses a portion of the state’s cigarette tax to cover all or part of the state-mandated medical malpractice premiums paid by physicians, or by hospitals that employ physicians.
The health-care providers are pushing for adoption of a House bill that continues the abatement program [...]
NEW YORK (Reuters)—U.S. life insurers Lincoln National Corp. and ACE Ltd. reassured investors that they have enough capital, but credit rating agency Standard & Poor’s Corp. cut its outlook for the industry on Friday. The Progressive Corp. reported a net loss of $684.2 million in the third…
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MADRID, Spain—Ahead of an Oct. 14 meeting to address bonding capacity at the Florida Hurricane Catastrophe Fund, a banker who has worked with the fund said it has a capital structure that is essentially insolvent and could one day require a federal bailout. "This is a catastrophe waiting to…
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HAMILTON, Bermuda—ACE Ltd. said it expects to report investment losses of about $1.5 billion when it announces third-quarter results at the end of the month. The Hamilton, Bermuda-based insurer in a statement said it released preliminary financial results to provide "greater clarity given…
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The two major associations of commercial lines agents and brokers have announced new leaders. The Washington-based Council of Insurance Agents & Brokers has named Markham R. McKnight as chairman. Mr. McKnight is president of Baton Rouge, La.-based BancorpSouth Insurance Services Inc. Mr. McKnight,…
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Three million fewer Americans under the age of 65 received health insurance through employers in 2007 than in 2000, according to a report from the Economic Policy Institute in Washington. The number of individuals receiving employer-sponsored health insurance from their own or a family member’s…
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Increased savings, reduced paper, and added convenience through electonic policy issuanced and a combined billing statement.
Safety Insurance has announced:
“We are pleased to announce our e-Customer program, an exciting new discount program that will benefit you, your customers and even the environment. By electing to “Go Paperless” and receive one combined monthly statement from Safety, insureds [...]
The following is a statment issued by AIG regarding their highly publicized conference at the St. Regis Hotel.
Contact: Nicholas J. Ashooh
Senior Vice President, Communications
212-770-3523
AIG CLARIFIES AGENT MEETING
NEW YORK, October 8, 2008 –American International Group, Inc. (AIG) Chairman and Chief Executive Officer Edward M. Liddy sent a letter today to U.S. Treasury Secretary Henry M. Paulson [...]
