Programbusiness | News Archive

Daily NewsFlash : May 15, 2013

s Daily NewsFlash
Share this with your colleagues and friends

If you are having issues viewing this e-mail, click here  to see it in your browser.
If you are having issues with viewing this e-mail, click here to view it in your browser.
Contact Us    |    FastMarkets    |    Forward to a friend    |    Optimize    |    Subscribe
Wednesday, May 15, 2013

House Bill Would Extend TRIPRA for 10 Years, Designates Homeland Security as Lead Agency in Certification Process

Terrorism billLegislation extending the Terrorism Risk Insurance Program for 10 years has been introduced in the U.S. House of Representatives, marking the latest proposal to extend a program the industry says is essential to ensure policies covering acts of terror can continue to be written.

Debate over whether to...

Read More

Top Official Warns U.S. Increasingly Vulnerable to Cyber Security Risks

cybersecurity risksThe top U.S. general in charge of cyber security warned on Tuesday that the United States is increasingly vulnerable to attacks like those that destroyed data on tens of thousands of computers i...

Read More

AIR Vice President: Model Under Development for US Flood Risk, Pandemics

AIR WorldwideAIR is eyeing models for both U.S. flood risk and for how pandemic risk could impact a population, according to Peter Dailey, vice president and director of atmospheric science for AIR. Dailey, who said the...

Read More

Mass. Insurance Division to Release Report on Boston Marathon Bombing Losse

Boston marathon explosionThe Massachusetts Division of Insurance is in the process of drafting a report on the April 15 bombings of the Boston Marathon, outlining the losses caused by the incident.

The report will describe types of claims that have been filed, the total dollar amounts of claims, the range o...

Read More

AAMGA Proposes Expansion of Membership Ranks

AAMGA expansionThe board of directors of the American Association of Managing General Agents (AAMGA) announced it has voted to expand membership to bring all wholesale insurance practitioners who meet membership requirements under a single umbrella. The board made the announcement to members on May 10.  Members will vote on b...

Read More

Home-Sales Expectations Hit Five-Year High

New Home SalesU.S. home builders' confidence rose this month, with sales expectations rising to the highest level in more than five years, a sign the housing market will remain a driving force behind th...

Read More

A.I.M. Mutual Insurance Companies Announce Executive Changes

AIM CEOThe Board of Directors of the A.I.M. Mutual Insurance Companies named John A. Myers Executive Chairman and CEO effective June 1, 2013.  In addition to his overall accountability for the Companies, Myers will continue to be responsible for claims and administrative oversight. 

The Board also announ...

Read More

Signs of Slight Rise in Unemployment for Insurance Industry:

Insurance, the leading insurance jobs website for insurance professionals, offers an overview of key employment trends in the insurance industry for April 2013 based on preliminary statistics reported by the U.S. Bureau of Labor Statistics (BLS) in the monthly Employment Situation Economic Rel...

Read More

Willis North America Appoints Japan Global Practice Group Co-Leaders

WillisWillis North America, a unit of Willis Group Holdings (NYSE: WSH), the global risk advisor, insurance and reinsurance broker, announced today the appointment of Brian Murphy and Hiromoto Ushiki as North American Practice Co-Leaders of the Japan Global Practice Group. Mr. Murphy and Mr. Ushiki assume the position previous...

Read More


For inquiries regarding submissions or markets contact:

For marketing comments or questions contact:
23172 Plaza Pointe Drive, Suite 205, Laguna Hills, CA 92653
p: 800.326.2700 | f: 800.588.4958
To ensure our daily newsflash always reaches your inbox, please click here .