Brian Meredith, with Bank of America, said in his fourth-quarter earnings report to investors that "except for reserve loss development from hurricanes, we do not expect much adverse loss development
Claims News Service, Jan. 6, 1:22 p.m. EST --A record total of homeowners' insurance claim payments that resulted from the 2005 hurricanes in Louisiana is enough to wipe out all homeowners' premiums
The company, a subsidiary of Marsh & McLennan Companies, issued its "U.S. Reinsurance Renewals at Jan. 1, 2006" study reviewing pricing, retentions and limits, capacity, and terms and conditions cover
The company, a subsidiary of Marsh & McLennan Companies, issued its "U.S. Reinsurance Renewals at Jan. 1, 2006" study reviewing pricing, retentions and limits, capacity, and terms and conditions cover
The New York-based national database of equipment theft and ownership reported that thefts from the time Katrina hit at the beginning of September to the end of December were up 22 percent from the sa
The New York-based national database of equipment theft and ownership reported that thefts from the time Katrina hit at the beginning of September to the end of December were up 22 percent from the sa
Omega Insurance Company of Gainesville and various entities within Allstate received revised financial strength ratings (FSRs) following reviews by A.M. Best. Omega had its FSR of A- (Excellent)
In 2005, Florida and the nation were awash in hurricanes. The National Hurricane Center ran out of names and resorted to the Greek alphabet for the first time. Nightly newscasts extended the
WHEN it comes to the architects and engineers professional liability insurance market, the byword is "competitive." At the moment, there seems to be ample capacity for the coverage, with the likelihood that competition for business only