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By Mark E. Ruquet, PropertyCasualty360.com |
May 14, 2012
Cat bond activity reached record levels in the first quarter of this year, exceeding last year’s placements by more than $300 million, says a leading reinsurance broker.
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By Arthur D. Postal, PropertyCasualty360.com |
April 10, 2012
The Consumer Financial Protection Bureau today drafted new national regulations governing forced-place insurance.
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By Mark E. Ruquet, PropertyCasualty360.com |
April 5, 2012
New York state regulators are calling on insurers to justify the rates they change for force-placed insurance coverage and say there is evidence of conflict of interest between bankers and insurers.
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By Arthur D. Postal |
March 9, 2012
The Consumer Financial Protection Bureau will propose regulations this year imposing strict limits on force-placed insurance for homeowners, bringing it to a level that an industry expert says it should not be.
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By Arthur D. Postal, PropertyCasualty360.com |
February 4, 2011
QBE Insurance Group Ltd., of Australia, continued its buying spree in the U.S. Thursday by acquiring most of the insurance portfolio of Balboa Insurance Group from Bank of America.
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By Mark E. Ruquet, PropertyCasualty360.com |
September 7, 2010
Moody's revised its weekly credit report concerning deferred acquisition costs, breaking the category for insurers into three groups instead of two.
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By Mark E. Ruquet, PropertyCasualty360.com |
August 30, 2010
A change in how companies account for their deferred acquisition costs will probably have a greater impact on life and health insurers than property and casualty carriers and will not affect companies' bottom lines, a new report said.
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By Staff Writer |
June 2, 2010
Golden Bear Insurance Company has implemented WebWriter Enterprise from Insurance Systems, Inc., to handle complete insurance processing for all of the carrier's personal lines business.