News

The National Council on Compensation Insurance said it is proposing an overall rate level decrease of 6.8% for workers' compensation insurance in Florida.

C.V. Starr & Company said its insurance company Starr Indemnity & Liability Company has a new National Accounts Excess facility to target Fortune 2000 firms, manufacturers, real estate, retail, and service firms.

The Insurance Institute for Highway Safety said its tests of roof strength among micro and minicars rated the Smart Fortwo strongest and the Chevrolet Aveo weakest.

Hurricane Bill is expected to hit the East Coast this weekend with pounding surf and dangerous rip tides but otherwise give the United States a pass, the National Weather Service Hurricane Center said.

Hank Watkins, a veteran insurance brokerage executive, has been appointed as Lloyd's North America president, responsible for all operations in the U.S. and Canada, Lloyd's announced.

Mike Menath, the new chairman of the Nevada Independent Insurance Agents, said improving agency efficiency will be the association's primary goal as members continue to battle against recessionary headwinds.