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Daily NewsFlash : June 06, 2013

Daily NewsFlash
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Thursday, June 06, 2013

Insurers Face Minimum $4B Payout from May U.S. Storm Damage: Aon Benfield Cat Report

Aon Cat reportImpact Forecasting, the catastrophe model development center of excellence at Aon Benfield, today releases the latest edition of its monthly Global Catastrophe Recap report, which reviews the natural disaster perils that occurred worldwide during May 2013. Aon Benfield is the global reinsurance intermediary and cap...

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S&P Report: P/C Insurance CEOs Offer Perspectives on Regulations

Standard & Poor'sThe U.S. property and casualty (P/C) insurance industry is having an increasingly tough time balancing the risks and rewards in a world where natural catastrophes, various terrorist threats, and unc...

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Lloyd's Construction Consortium to Challenge Companies for Global Business

LloydsIn a challenge to the international company market, four Lloyd's insurers have formed a consortium to seek big-ticket global construction business.


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Workers' Comp Writers: States Making Progress Dealing with Opioid Abuse, but Long Road Ahead

Workers Comp and opioidsStates are making some progress in controlling the distribution of opioids one of the leading drivers of medical costs in workers compensation insurance premiums but still have a long way to go toward...

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Marsh to Acquire Dominican Republic-Based Franco & Acra Tecniseguros

March acquisition in DRMarsh, a global leader in insurance broking and risk management, today announced that it has reached a definitive agreement to acquire Franco & Acra Tecniseguros, the leading insurance adviser in the Dominican Republic and Marsh's long-standing local correspondent broker. Terms of the transaction wer...

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Oklahoma Insurance Department: Twister Claims Climb to 32,400

Oklahoma insurance claimsOklahoma insurers have fielded about 32,400 tornado-related claims since May 19, which cost about $250 million, according to recent figures from the Oklahoma Insurance Department.

Auto claims account for about 17,500 of the overall figure, while

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USG Adds Producer/Broker in Louisiana

USG adds brokerUSG Insurance Services, Inc., a national wholesaler and MGA announced the expansion of their Louisiana operations with the addition of Jessica Dixon as a Producer/Broker.

Jessica Dixon most recently was a Broker Assistant at Gresham ...

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Aartrijk Opens Brand Camp 2013 Registration

Aartrijk Brand CampSpecialist branding firm Aartrijk has opened registration for its Brand Camp 2013 event for insurance brand decision-makers via its website at
Brand Camp 2013 will be held November 4-6 at the historic Hotel Monaco...

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Hub International Acquires Ger-Win Enterprises and St. Andrews Insurance

Hub acquisitionsHub International Limited, a leading global insurance brokerage firm, announced today that it has acquired Ger-Win Enterprises, Ltd. and St. Andrews Insurance Ltd. two Manitoba-based full service insurance brokerage firms. Terms of the acquisition were not disclosed.  The Ger-Win operations will b...

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