Kentucky

• NIMA Accepts Compromise to Implement NRRA Tax-Sharing Provision

  By Arthur D. Postal, PropertyCasualty360.com  |  May 25, 2012

  The Non-Admitted Insurance Multi-State Agreement has adopted the revenue-sharing agreement of a rival compact in an apparent effort to jumpstart creation of a uniform system to implement a premium-tax-sharing component of the federal surplus-lines reform law.

• SNL: Insurers Should Brush Off Damage from JPMorgan Hedge Failure

  By Anya Khalamayzer, PropertyCasualty360.com  |  May 18, 2012

  The insurance industry held more than $1.1 billion of JPMorgan stock when the bank announced a trading loss of $2 billion on May 10, but most companies should escape any long-term fallout on their portfolios, reports SNL Financial.

• Hires and Promotions at WRM America, Torus, Zurich, NBIS, New Day and More - Around the Industry

  By Staff Writer  |  May 16, 2012

  Brown & Brown Acquires Richard W. Endlar Insurance Agency, Admiral Insurance Co. Introduces Professional Exposure Policy and Brownyard Group Wins Marketing Award

• Progressive April Net Income Halved

  By Mark E. Ruquet, PropertyCasualty360.com  |  May 16, 2012

  Mayfield Village, Ohio-based auto-insurer Progressive reports net income for the month of April dropped 48 percent as catastrophes and a bond repurchase affected earnings.

• Insured Cost of April Events Nears $1 Billion, Says Aon Benfield

  By Chad Hemenway, PropertyCasualty360.com  |  May 14, 2012

  After a series of severe-weather events—especially tornadoes—in the U.S. in April, global insured losses for the month are close to $1 billion, says Aon Benfield.

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  A Snapshot of Legislative Impact So Far

  By Kathy Donovan  |  May 4, 2012

  The 2012 legislative developments keep unfolding in underwriting, claims and other areas.

• New Quota-Share Treaty at State Auto Keeps Q1 Loss at $2M

  By Chad Hemenway, PropertyCasualty360.com  |  May 4, 2012

  State Auto Financial Corp. reports a $2 million net loss for the first quarter, but it could have been worse.

• State Auto Reports $2m Loss for Q1

  By Mark E. Ruquet, PropertyCasualty360.com  |  May 4, 2012

  State Auto Financial Corp. reports a net loss of $2 million for the first quarter of this year as the combination of underwriting loss and increased expense weighed on results.

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  Insured Cost of April Events Near $1 Billion, Says Aon Benfield

  By Chad Hemenway, PropertyCasualty360.com  |  May 3, 2012

  Led by severe weather, especially tornadoes, in the United States, global insured losses for the month of April are close to $1 billion, says Aon Benfield.

• Increasing Number of Captives Opt to Domicile on U.S. Soil

  By Anya Khalamayzer, PropertyCasualty360.com  |  May 3, 2012

  Grounding no longer sounds so bad: Driven by financial incentives, new captives are choosing to stay closer to home.