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Daily NewsFlash : November 11, 2011


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Friday, November 11, 2011

Happy Veteran's Day

In observance of Veteran's Day, we at ProgramBusiness.com and Neilson Marketing Services would like to thank the men and women who bravely serve our country.

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Berkley Predicts More Rate Hikes As Insurers "Face Up to Reality"

Bill Berkley, the chief executive of insurer W.R. Berkley Corp., said commercial insurance rates will be up by 5% by the end of this year and by as much as 10% more by the end of 2012 as insurers "... Read More

D&O Insurers to Pay $31.7 Million in Investor Suit Against Lehman Brothers

Lehman Brothers Holdings Inc., which hopes next month to win court approval of its bankruptcy reorganization, agreed to a $40 million settlement of investor lawsuits that claimed $7.7 billion of da... Read More

WRM America Completes Acquisition of Fidelity National Financial's Flood Insurance Business

WRM America Holding Company, LLC, a specialty lines property and casualty insurance and risk management holding company, today announced the successful completion of its acquisition of Fidelity Nat... Read More

Travelers of Massachusetts Offers New Options for Auto Insurance Savings

New car purchases in Massachusetts are on pace to exceed the 2010 year-end total of 310,547 by more than seven percent, according to data from the Massachusetts Registry of Motor Vehicles. In respo... Read More

Fitch: U.S. P/C Industry Investment Results Examined In New Report

Longer term analysis of investment results for the U.S. property/casualty insurance industry shows weaker returns and greater volatility in recent years relative to past performance. The industry f... Read More

Aon Hewitt: Global Employee Satisfaction Continues to Lag in 2011

Workforces worldwide are reaching their tipping point as employee satisfaction, or engagement, continues to be sluggish and remains at the lowest level since 2008, according to analysis recently re... Read More

Travelers Forms Dedicated Clean Energy & Technology Practice

The Travelers Companies, Inc., which has been offering insurance products and risk management services for clean energy and technology businesses for more than two decades, today announced the form... Read More

Swiss Re Secures $130M Catastrophe Bond

Swiss Re has obtained a further USD 130 million in protection through the Successor X Ltd. catastrophe bond programme covering North Atlantic hurricane and European windstorm. The transaction marks... Read More



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