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Thursday, May 23, 2013

Conning: Property/Casualty Reserve Position Stable

Conning P/C Reserve outlookIn its latest review the property-casualty insurance industry loss reserves, Conning has concluded that the overall reserve position is stable, or perhaps even slightly improved from the previous review.  This is despite another $10.5 billion in releases in 2012.

"The in...

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Schnucks Credit Card Breach Could Cost $80 Million Just in Illinois

Credit Card BreachThe cost of the massive payment card hack that struck Schnucks in recent months could cost the company $80 million in Illinois alone, according to a court filing.

In a motion filed last week, the ...

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Schinnerer Introduces Stand-Alone Workers' Comp

Schinnerer's Workers Comp programVictor O. Schinnerer & Company, a leading underwriting manager, today announced a new stand-alone workers' compensation program. Schinnerer will serve as a program access point for retail agents and bro...

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Axis Insurance Services, LLC Sponsoring the 2013 Energi Risk Management Summit

Axis Insurance ServicesThis week, Axis Insurance Services, LLC will be exhibiting and be featured as a sponsor at the Energi Risk Management Summit in Orlando, FL.

This invitation-only conference provides energy-related companies with a series of educational safety and insurance seminars, helping them increas...

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K&B Underwriters Among TMPAA's 2013 “Program Marketing Campaign” Award Winners

K&B UnderwritersThe Target Markets Program Administrators Association (TMPAA) announced at their Mid Year Meeting in Baltimore that 20 entries were received for the third annual marketing campaign competition. TMPAA's co-sponsor, the Insurance Marketing & Communications Association (IMCA), has sponsored its o...

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New Workers Compensation Laws Could Carry Major Overhauls

Workers Comp reformInsurance industry officials see new workers compensation reform laws especially those involving overhauls in system administration, allowing employer opt-outs and privatizing workers compensati...

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Arrowhead A Headline Sponsor at Next Week's 2013 Virtual Insurance Marketplace

Arrowhead General Insurance AgencyArrowhead General Insurance Agency, Inc., a national insurance program manager for personal and commercial products, is a headline sponsor at next week's Virtual Insurance Marketplace (VIM). Taking place on M...

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US House, Senate Panels Pass Farm Bill Packages Adding Billions to Crop Insurance Subsidies

Crop insuranceThe U.S. House and Senate have moved one step closer to passing a new five-year Farm Bill. The Agriculture committees in both chambers have passed bipartisan Farm Bill proposals that would add billions of dollars to the federal crop insurance program. The two bills mark the first attempts to complete a...

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