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The Real Time/Download Campaign, an effort by a confederation of agents, insurance companies and independent agent trade groups to find speedy workflow systems, said it has increased the number of its webinar offerings.
Moody's Investors Service, citing the impact of stock market declines yesterday, downgraded the insurance financial strength rating of National Indemnity Company and the long-term issuer rating of its ultimate parent, Berkshire Hathaway Inc.
Larger insurance brokers are expected to see improvements in earnings as the market cycle begins to turn, but middle market brokers may still suffer from the effects of the economic downturn, according to a financial analyst's report.
U.S. property-casualty insurers in the 2008 fourth quarter chalked up a $1.69 billion loss compared with a $12.9 billion profit the year before, Insurance Services Office and the Property Casualty Insurers Association of America (PCI) reported.
Guy Carpenter & Company reinsurance brokerage said yesterday it had successfully completed the previously announced acquisition of John B. Collins Associates, Inc. Financial terms were not disclosed.
Hamilton, Bermuda-based insurer Validus Holdings Ltd. vowed it would fight to take over IPC Holdings Ltd. after the company's board said yesterday that it thought merging with Max Capital Group Ltd. was a better deal.
Trusted Choice, The Independent Insurance Agents & Brokers of America Inc.'s branding program, said it will sponsor the morning and afternoon radio broadcasts of American Public Media's (APM) Marketplace Morning Report and Marketplace.
Vermont Captive Insurance Association President Molly Lambert announced today that she will be leaving VCIA to take a post as U.S. Department of Agriculture Vermont and New Hampshire state director for rural development.
The National Association of Professional Insurance Agents said it honored three insurance professionals for their service during a recent meeting of its members in Arlington, Va.
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