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9/22/2010

Senate Extends Flood Program for One Year, Now It Goes to the House

On Tuesday night the Senate unanimously passed legislation extending the current National Flood Insurance Program (NFIP) until Sept. 30, 2011. The measure now goes to the House and if not passed ...

More than 50% U.S. Consumers Say Poor Service Leads to Fraudulent Insurance Claims, Accenture Survey Finds

According to a survey released today by Accenture, more than half (55 percent) of U.S. consumers say poor service from an insurance company is more likely to cause an individual to commit fraud ...

Prudential Financial Close to Purchasing Two AIG Japanese Life Companies

According to people familiar with the matter, Prudential Financial Inc. is nearing a deal to buy two Japanese life insurance companies from American International Group Inc., for a combined $4 ...

Aon: Airline Insurance Rates Up, Cost Stabilizing

According to an Aon report, on average airlines that have renewed their lead hull and liability insurance programs between January and July 2010 have seen a 7% increase in the cost of the insurance ...

AmTrust Launches Contractors General Liability Program

AmTrust North America, a business unit of AmTrust Financial Services Inc., announced the formation of a Contractors General Liability insurance program, a new underwriting classification available ...

Florida's Seeing A Surge in Sinkhole Claims, Could Threaten Solvency of Smaller Insurers

Public adjusters in Florida advertising services to help policyholders win payments from insurers with sinkhole claims is helping fuel what regulators call a surge in these related ...

Chartis Introduces Fiduciary Liability Insurance Edge for Plan Fiduciaries

Chartis has introduced Fiduciary Liability Insurance Edge, a new insurance solution developed by its Executive Liability Division to address the evolving fiduciary liability exposures facing ...

Aon and NASDAQ OMX Report Reveals Improved Governance, Ample Capacity Driving Soft Executive Liability Market

Improved corporate governance, fewer securities class-action lawsuits and ample capacity are driving the soft directors' and officers' liability market, according to the annual D&O Peer Benchmarking ...

The Hartford Advances Commercial Markets Strategy with Appointment of Group Benefits Clinical Practices Director

The Hartford Financial Services Group, Inc. has named Robert E. Bonner, MD, MPH, the clinical practices director for its Group Benefits Division, adding to his previous role as medical director and ...

Willis Names Edward Fyfe Regional Specialist Leader for Latin America

Willis Group Holdings, the global insurance broker, today announced the appointment of Edward Fyfe as Regional Specialist Leader for Latin America. Fyfe, who is based in Peru, will strengthen the ...





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