QBE

• Wells Fargo, QBE Agree on $19.3M Force-Placed Settlement

  By Arthur D. Postal, PropertyCasualty360.com  |  May 17, 2013

  Wells Fargo and QBE have agreed to settle a lawsuit dealing with force-placed insurance policies in Florida involving 24,000 borrowers.

• Force-Placed Provider Assurant is Upgraded, For Now

  By Arthur D. Postal, PropertyCasualty360.com  |  April 11, 2013

  A securities analyst is upgrading Assurant stock because he sees less downward pressure on lender-placed premium rates than originally feared due to state and federal regulatory actions.

• New York: Use Our Force-Placed Settlement as a Template for Reform

  By Arthur D. Postal, PropertyCasualty360.com  |  April 9, 2013

  New York insurance regulators are urging other states to use its settlement agreement with Assurant, Inc. as a template for a national policy on the issue.

• Assurant Settles with New York over Force-Placed Policies

  By Arthur D. Postal, PropertyCasualty360.com  |  March 21, 2013

  Assurant, Inc. has agreed to implement reforms and refund $14 million to New Yorkers who were required to buy force-placed homeowners insurance.

• House Democrats Demand Answers on FHFA's Call to Nix Forced-Place Competition Initiative

  By Arthur D. Postal, PropertyCasualty360.com  |  March 1, 2013

  House Democrats are demanding an explanation as to why the Federal Housing Finance Agency prohibited Fannie Mae from executing a plan to introduce new specialty lenders into the forced-place insurance market.

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  CFA's Hunter Blasts FHFA Decision to Nix Fannie Mae Forced-Place Plan

  By Arthur D. Postal, PropertyCasualty360.com  |  February 12, 2013

  Fannie Mae’s plan to reduce the cost of forced-place insurance by bringing in new specialty lenders was scotched by its regulator Monday, prompting outrage from consumer groups.

• New Hires and Promotions at BB&T, Worldwide Facilities, Aon Risk Solutions and More - Around the Industry

  By Staff Writer  |  February 12, 2013

  Lockton acquired Strategic Insurance & Risk Solutions, Swett & Crawford acquired Griffin, The Hilb Group acquired The Pennoyer Group. New programs from SeaFire Insurance Services, Allied World U.S. and Ascent Underwriting. Fonality to integrate web client with Box. Alliance Intermediaries formed.

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  Rebuilding Year: Top 10 Stories of 2012

  By PC360 Staff  |  December 13, 2012

  In sports terms, 2012 has been what one could call a rebuilding year, as P&C carriers looked to recover from a disastrous 2011 and a string of heavy losses. For many carriers, 2012 was a time to totally reappraise their roster of risks, which meant both exploring new lines of...

• ‘Rebuilding Year’: The Top 10 Stories of 2012

  By Staff Writer  |  December 13, 2012

  In sports terms, 2012 has been what one could call a rebuilding year, as P&C carriers looked to recover from a disastrous 2011 and a string of heavy losses. For many carriers, 2012 was a time to totally reappraise their roster of risks, which meant both exploring new lines of...

• Aviation Insurance: Four Steps to Flight

  By Bill Soldan  |  October 22, 2012

  As an Aviation Insurance broker with more than 25 years in this specialized industry, I’ve served as an Aviation resource manager at both boutique and international firms. And although the economy has caused a lot of hardship in the industry, it’s still a great specialty. In fact, your current clients...

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  Drought Brings Record U.S. Cost for Crop-Insurance Subsidy

  By Charles Abbott, Reuters  |  October 17, 2012

  U.S. taxpayers could pay a record $15 billion to subsidize the privately run crop insurance program this year, double the recent cost due to devastating drought in the Farm Belt, say an array of agricultural economists.

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  Aviation Insurance: Four Steps to Flight

  By Bill Soldan  |  October 10, 2012

  From corporate jets to international airports, aviation presents unique risks and opportunities. A veteran broker specializing in the niche shares tips on how to tap into this lucrative market.

• Force-Placed Insurance Gaining National Spotlight

  By Mark E. Ruquet, PropertyCasualty360.com  |  July 11, 2012

  New York State’s hearings last month on force-placed insurance appear to be just the beginning of an effort to reform industry practices around the coverage nationwide.

• Forced-Place Insurance Rises On Fed's Radar

  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.

• Rates Are Flat Across General Aviation—Except for Helicopters

  By Mark E. Ruquet  |  January 13, 2012

  Brokers say that pricing conditions in the General Aviation market, which covers everything from propeller-driven planes to corporate fleets, range from flat to some buyers seeing some rate reductions.

• QBE Completes Purchase Of Balboa Insurance

  By Mark E. Ruquet, PropertyCasualty360.com  |  June 3, 2011

  QBE says it has completed its acquisition of Balboa Insurance from Bank of America.