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Daily NewsFlash : February 27, 2013

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Wednesday, February 27, 2013

Aon US Property COO: Market Rates Flat to 10% in 2013

AonThe effects of Hurricane Sandy on the U.S. commercial property rate environment will linger into the first half of 2013, while accounts withou...

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Conning: U.S. and Global Insurance Industry Outlook Defined by Challenging Environment

Conning ResearchThe insurance industry in the U.S. and globally is facing long term challenges that include weak economic growth, an extended period of low interest rates and weak investment income, and rising regulatory demands, according to a new study by Conning.

"Insurers in the U.S. and globally fa...

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Fans Injured at NASCAR Race Explore Legal Options

NASCAR injuriesThe attorney for three NASCAR fans injured last weekend during a race the day before the Daytona 500 says they are exploring a possible lawsuit, but some experts say they could face tough obstacles in ...

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Axis Insurance Services, LLC CEO Appointed to PLUS Steering Committee

Axis Insurance ServicesAxis Insurance Services, LLC is pleased to announce that our company President/CEO, Mike W. Smith has been appointed to serve on the Professional Liability Underwriting Society's Eastern Chapter Steering Committee.


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New Study: Teen Driver Deaths Increase in 2012

Teen driving and deathsA report released today by the Governors Highway Safety Association (GHSA) reveals that the number of 16- and 17-year-old driver deaths in passenger vehicles increased dramatically for the first six months of 2012, b...

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Others Share Responsibility for Oil Spill, BP Tells Court

BP oil spill

BP has finally begun to face off in court against an army of U.S. government prosecutors, lawyers and even its contract partners over the Gulf of Mexico oil spill three years ago, contending that it alone ...

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Court Reverses Over $1 Billion in Damages Against Exxon

ExxonExxon Mobil Corp. has won a legal victory in its effort to fight damages of about $1.5 billion stemming from a 2006 gasoline spill in Maryland.

In a decision released Tuesday, the Maryland Court of Appeals rever...

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More States Approve Schinnerer’s Expanded Real Estate E&O Policy Form

Schinnerer's Real Estate ProgramFollowing the successful launch of its new real estate errors and omissions (E&O) policy form in January, Victor O. Schinnerer & Company, Inc. is pleased to announce that 18 more states have approved...

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USG Announces Palatine, Illinois Expansion

USG Insurance ServicesUSG Insurance Services, Inc., a national wholesaler and MGA announced the expansion of operations in the Palatine, Ill. branch with the addition of two Producer/Brokers; Patrick O'Donoghue and Richard Stastny.

Patrick O'Donoghu...

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