Bermuda-based ACE Ltd. has agreed to pay $80 million in restitution and penalties to settle charges of rigging bids on excess casualty insurance and arranging improper "finite reinsurance" transaction
COSS Development Corp. has partnered with CrailHuntly LLC as the exclusive provider to Combosurance of multicarrier composite and single-carrier compliant sales illustrations. Combosurance enables
While there is debate whether warming sea surface temperatures that influence hurricane activity are cyclical or a long-term trend, the modeling expert noted that the continuing main driver of
The issue discussed at an April 19 conference call by insurers and regulators involved hybrid securities in carriers' portfolios that have been classified as common stock by the Securities Valuation o
Dry-ice blasting is rapidly becoming the preferred method of cleaning wood in the restoration industry due to its unparalleled results and timesavings when compared to the usual methods.
For insurers facing extraordinary exposure from Hurricanes Katrina and Rita, the bad news continues. Serious mold contamination is now threatening water-damaged homes and commercial properties.
Mr. Fulwider is principal and president of the Ray Wuestenberg Agency Inc., in West Liberty, Iowa, and of the Fulwider Agency Inc., in West Branch, Iowa. He also is president of Bob Fulwider and Assoc
According to the District of Massachusetts U.S. Attorney's Office, Ronald Evano (aka Robert Evano, Robert Dixon, Ron Stevens, Ronald Ross, Ronald Rose, Robert Reed, Alex Benton, Ron Evans, and Donald