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Daily NewsFlash : May 29, 2013
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Wednesday, May 29, 2013
The powerful tornado that struck Moore, Okla., last week may have caused as much as $3.5 billion in insured losses, according to disaster-modeling company Risk Management Solutions Inc.
The firm says the massive twister damaged as many 20,000 buildings and completely destroyed between 4,000 and ...
P&C operating results improved substantially, however, investment yields declined, as the impact of lower yields on reinvestments offset growth in the industry's invested asset base.
Underwriting and operating results for the U.S. P&C industry in 2012 im...
New York Governor Andrew M. Cuomo is seeking details on how insurers are protecting customers and companies' health and financial records from online security threats, the New York Sta...
Insurance companies would not be subject to the same capital standards as banks under a bill introduced in the U.S. House of Representatives.
The bill is designed to address a question created by the Dodd-Frank financial reform act about whether banks and non-bank financ...
Shaun Hooper, President and Chief Executive Officer of CGSC - Swett & Crawford North America, announced today the appointment of Ron Carlier as Chief Executive Officer of its reinsurance subsidiary Cooper Gay Re North America. Carlier was hired to expand the group's already strong reinsurance capabil...
Marsh announced today that Chaman Aggarwal, a 25-year veteran of the energy industry, is joining the firm to lead its US Energy Construction Practice. In his new role, Mr. Aggarwal will be responsible for the development and delivery of infrastructure-
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