The board of directors for Lauderdale Lakes-based 21st Century Holding Co. unanimously rejected an unsolicited buyout proposal by insurer Homeowners Choice, Inc.
The latest government study on Chinese drywall has revealed a "strong association" between the drywall and corrosion in homes that may physically irritate their residents.
Allianz Global Corporate & Specialty Marine Insurance Company announced it has joined in the CargoNet organization that is being formed to combat cargo theft.
The National Association of Professional Employer Organizations (NAPEO) chose Marjorie "Midge" Seltzer as the new chair of its board of directors at its annual conference in October.
Marine insurers face a stormy market, battered by declines in trade, expansion of piracy, stalled capital markets and lower investment returns, an insurance brokerage reports.
With two cornerstones of their market's operational framework under attack--niche underwriting and wholesale distribution--E&S lines brokers and insurers are finding it tougher just to stay even, let alone gain any ground.
The latest government study on Chinese drywall has revealed a "strong association" between the drywall and corrosion in homes that may physically irritate their residents.
Slow economic growth, low inflation and minimal interest rates pose special challenges to ocean marine underwriters--fewer ships to insure and less goods in transit to insure, with reduced value of merchandise and lower exposures.
The latest government study on Chinese drywall has revealed a "strong association" between the drywall and corrosion in homes that may physically irritate their inhabitants.
Crime insurance and fidelity bonds provide only limited protection to financial institutions and other insureds seeking to recover losses from fraudulent operations like mortgage scams and Ponzi schemes, experts said here.