The Times

• UK's Lloyds Admits Flaws in Insurance Complaints Handling

  By Reuters  |  June 11, 2013

  Britain's Lloyds Banking Group said it had ended a contract with Deloitte after problems were uncovered in the way a call centre operated by the business services firm handled customer complaints about mis-sold loan insurance.

• Adjusters and STEMS

  By Ken Brownlee, CPCU  |  June 1, 2013

  Each of the five STEMS factors have a significant role in insurance, claims adjustment, and risk management. For example, without engineering loss control would be useless.

• Louisiana Citizens to Borrow $100M; State Treasurer Objects

  By Staff Writer  |  March 18, 2013

  The board for Louisiana Citizens Property Insurance Corp. voted Thursday to borrow $100 million through bonds to cover a cash shortfall of $70 million, despite the objections of the state’s Treasurer.

• New York Considers Buying Up Flood-Prone Properties Damaged by Sandy

  By Mark E. Ruquet, PropertyCasualty360  |  February 6, 2013

  New York Gov. Andrew M. Cuomo is proposing to spend a chunk of Superstorm Sandy relief funds on buying out severely damaged homes and turning the properties into open space or flood plains, an idea that met with approval by industry interests.

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  AIG's Benmosche Responds to New York Times

  By Staff Writer  |  January 7, 2013

  American International Group President and CEO Robert Benmosche fired back at The New York Times in response to a Dec. 24 editorial the paper ran on whether the circumstances surrounding the 2008 bailout of the insurance giant could ever happen again.

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  Terrorism Risk After Obama's Victory

  By Gordon Woo  |  November 7, 2012

  Obama's counterterrorism track record from the man who figured out how to model terrorism risk.

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  Sandy Claims: How Insurers Can Reduce Class Action, Bad Faith Exposure

  By Wystan M. Ackerman  |  November 1, 2012

  An attorney who spent most of his time for several years defending insurance companies in lawsuits after Hurricane Katrina offers some thoughts on what claim executives and their counsel can be doing now to try to reduce potential class action and bad faith exposure.

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  Sports Insurer May Take Legal Action Against Armstrong

  By Staff Writer  |  October 15, 2012

  A sports promotion insurer may take legal action against cyclist Lance Armstrong after a U.S. anti-doping committee moved to strip him of his tour wins and offered mounds of evidence supporting claims of cheating.

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  Hedge Fund Exec: Allied World Stake in MPAN 'Minor Investment,' Not 'Substantial Minority Interest'

  By Mark E. Ruquet, PropertyCasualty360.com  |  October 9, 2012

  The chief executive of a hedge fund disputed the assertion in a New York Times article that Allied World Assurance Co. made a substantial investment in his firm.

• Allianz Re Asia Pacific: Monitoring Maximum Exposure in Cat-Prone Regions

  By Dave Lenckus  |  September 3, 2012

  The spate of natural catastrophes last year—which caused more than $100 billion of insured damage—“has fundamentally impacted the reinsurance industry’s perception of risk,” says Karl-Heinz Jung, CEO of Allianz Re Asia Pacific.

• Opinion: Supreme Court Battle Over Healthcare Law Good Theater, Poor Substance

  By Arthur D. Postal, PropertyCasualty360.com  |  March 26, 2012

  To the people who cover Washington, we call it chronicling situational immorality. Not since Bush v. Gore have we seen madness that could compare to this week’s Supreme Court debate over the constitutionality of the healthcare reform law.

• Fur Flies Between MBIA & Banks

  By Mark E. Ruquet, PropertyCasualty360.com  |  March 13, 2012

  The testiness between guaranty insurer MBIA and a group of banks over insurance coverage of structured financial instruments got more personal as each side accused the other of wrongdoing in court.

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  End the Madness; Welcome Change in the New Year

  By Mark E. Ruquet, PropertyCasualty360.com  |  January 5, 2012

  While this is the beginning of a new year, old problems still remain—some of which show no sign of being resolved anytime soon, including in the insurance industry.

• Vt. Captive Regulator Hits Back At NY Times Report

  By Caroline McDonald, PropertyCasualty360.com  |  May 16, 2011

  An article in The New York Times comparing captive insurance to “the shadow banking system” has Vermont’s captive regulator puzzled and frustrated—because while some of the observations are spot on, they don’t add up to a fair representation of the captive industry, he says.

• CICA: NY Times Captives Article ‘Impossible To Correct’

  By Caroline McDonald, PropertyCasualty360.com  |  May 12, 2011

  The Captive Insurance Companies Association says an article on captives written in The New York Times this week “completely misses the point” and is “impossible to correct.”

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  NY Times Owns New York-Domiciled Captive

  By Caroline McDonald, PropertyCasualty360.com  |  May 11, 2011

  A page-one New York Times article this week slammed state captive insurance laws, stating that they allow companies to “conduct Bermuda-style financial wizardry” in the U.S., but the Times company, it turns out, has its own captive domiciled in New York.