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Monday, July 18, 2011

NAPCO Releases Summer 2011 Report on State of the Catastrophe Property Insurance Market

After years of intensive price competition, the impact of higher catastrophe losses and the new release of a widely used hurricane model in 2011, have made underwriters reassess their risk appetite... Read More

Insurance Industry Contributes Billions to California’s Economy

A new research report developed by five insurance trade associations documents the vital role the insurance industry plays in the Golden State’s economy.  Insurance companies that offer ... Read More

Allstate Raising Homeowners Rates for Illinois Customers

Effective July 11, rates began to rise 2.5 percent to 3 percent for nearly 80 percent of Allstate’s 475,000 homeowners insurance policyholders in Illinois, according to the company. But for 1... Read More

S&P Puts AAA-Rated Insurers on Negative Review

The long-term counterparty-credit and financial-strength ratings and related issue ratings on all AAA-rated US insurance companies has b... Read More

Insurance Agents Unhappy Over GM's Offer of Free Auto Insurance Incentive

Just days after General Motors offered a year's worth of free auto insurance on new cars and trucks in Washington and Oregon, insurance agents want to stop the program.

The sales incentive,... Read More

Panel Examines What Heightened Catastrophe Activity Means to the Industry

Earthquakes this year in New Zealand and Japan, floods in Australia and tornadoes in the United States have affected property insurance markets in major ways, according to a panel of insurance and ... Read More

New WSJ Survey: Lack of Demand Hindering Company Hiring

In a new Wall Street Journal survey, the main reason U.S. companies are reluctant to step up hiring is scant demand, rather than uncertainty over government policies, according to a majority of e... Read More

Towers Watson Launches Executive Compensation Blog

Towers Watson, a global professional services company, today announced the launch of... Read More

Aon GRIP Solutions Expands Leadership Team in Europe, Middle East and Africa

Aon Risk Solutions, the global risk management and insurance brokerage business of Aon Corporation, today announced three senior-level appointments for Aon GRIP Solutions in Europe, the Middle East... Read More

AIA Comments on Reauthorization of NCOIL Model Acts Affecting P/C Insurers

The American Insurance Association (AIA) announced its positions on two model acts which are due to be considered for reauthorization at the National Conference of Insurance Legislators’ (NCO... Read More



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