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Daily NewsFlash : February 06, 2013

Daily NewsFlash
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Wednesday, February 06, 2013

MarketScout: Commercial Rates Up 5% for January 2013

Commercial rates up for January 2013Commercial insurance rates across the United States increased 5 percent on a composite basis. Transportation and manufacturing risks lead the rate increases at plus 6 percent. S...

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NAMIC Welcomes TRIA Reauthorization Bill

NAMIC and TRIAThe National Association of Mutual Insurance Companies welcomed the introduction today of legislation to maintain the risk-sharing model established by the Terrorism Risk Insurance Act.

Introduced by Reps. Michael Grimm, R-N.Y., Carolyn Maloney, D-N.Y., and eight co-sponsors, the bill extends the TRIA prog...

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New Jersey Governor Christie: National Flood Insurance Program A "Disgrace"

Flood insuranceGovernor Chris Christie said Tuesday the National Flood Insurance Program's handling of claims in New Jersey has been "a disgrace," complaining that the program has been f...

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Measure In California Would Force Gun Owners to Buy Insurance As More States Introduce Legislation

Gun liability insuranceDemocratic lawmakers proposed legislation Tuesday that would require California gun owners to buy liability insurance to cover damages or injuries caused by their weapons.

Similar bills have been introduced in other states after the Newtown, Conn.,

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Willis: Mining Industry Faces Unprecedented Threat Landscape, More Dynamic Risk Management Needed

WillisResource nationalism, poor infrastructure that impedes development and supply chain disruptions are some of the biggest risks facing the mining sector in the year ahead, according to this year's ...

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Beazley Launches Enhanced Computer Crime Policy

BeazleyBeazley plc, a leading insurer of data privacy, network security, and fidelity risks, has launched the industry's most advanced computer crime and account takeover coverages for financial institutions. 

Beazley's enhanced

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Mexico Oil Firm Blast Caused by Gas Build-Up, Officials Say

Mexico oil blastA gas build-up caused the explosion that rocked the headquarters of Mexico's state-owned oil firm last week, killing 37 people, officials said Monday, ruling out a bomb attack.

The announcement...

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Glatfelter's Seifert to Speak at AIMS Society Annual Meeting

Glatfelter Program ManagersArt Seifert, CPCU, CIC, RPLU, president of Glatfelter Program Managers, will address the AIMS Society at its annual meeting March 1, which takes place in conjunction with the organization's annual PRO-to-PRO Executive Re...

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Top 100 Global Thinker Anne-Marie Slaughter Headlines Women in Insurance Global Conference

IICFThe Insurance Industry Charitable Foundation (IICF) announced that Anne-Marie Slaughter, professor of politics and international affairs at Princeton University, will serve as keynote speaker for IICF's inaugural Women in Insurance Global Conference (WIGC) held June 12-14, 2013 in New York.
The first-of-its-ki...

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