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Extension of the current authorization for the National Flood Insurance Program will be hanging in the air today if a planned Senate vote on a continuing resolution conflicts with an earlier House vote.
Business has picked up in the bidding for Transatlantic Holdings since the New York-based reinsurer and Allied World Assurance called off their proposed merger, as Transatlantic says it has entered into two confidentiality agreements: one with Validus Holdings and one with an undisclosed third party.
Workers compensation lost-time claims increased 3 percent last year, the first increase in such claims since 1997, the National Council on Compensation Insurance, Inc. reports today.
Obama-administration plans to further reduce crop-insurance subsidies could accelerate a consolidation process in the agricultural insurance sector that is already long underway, according to Moodys.
Obama-administration plans to further reduce crop-insurance subsidies could accelerate a consolidation process in the agricultural insurance sector that is already long underway, according to Moodys.
State Farm says it has paid policyholders $5 billion so far due to weather-related catastrophes, and the Bloomington, Ill.-based insurer says 2011 is likely to be one of the companys busiest years on record for catastrophe losses.
Wolters Kluwer Financial Services announces it is expanding its consulting services for U.S. insurance and securities firms to help them address the challenges of enterprise risk management (ERM).
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