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22
07, 2015
First Half-Year Economic, Insured Cat Losses Below Average: Impact Forecasting
In its latest report Impact Forecasting, Aon Benfield’s catastrophe model development team states: “Global natural disaster losses during the first half of 2015, from both an economic and insured loss perspective, were each below the 10-year (2005-2014) average. “Preliminary data …
The article First Half-Year Economic, Insured Cat Losses Below Average: Impact Forecasting appeared first on Insurance Journal.
21
07, 2015
Hanover Enhances Fidelity, Crime Coverage
The Hanover Insurance Group, Inc. has launched a new Fidelity & Crime Advantage coverage program offered within its management liability portfolio. The coverage provides businesses with an enhanced product suite to help protect their employees and companies. The Hanover’s Fidelity …
The article Hanover Enhances Fidelity, Crime Coverage appeared first on Insurance Journal.
22
07, 2015
Data of Nearly 2,000 Customers Stolen by Florida Vacation Firm Worker
An employee at a Florida company that offers promotional vacations has been charged with stealing reservation documents and then selling the credit card information of more than 1,855 customers to two other people, Orlando police detectives said July 20. Preferred …
The article Data of Nearly 2,000 Customers Stolen by Florida Vacation Firm Worker appeared first on Insurance Journal.
21
07, 2015
How Agents View Agency Aggregators
About a quarter of independent insurance agents say they work at a firm that belongs to an aggregator cluster. But very few whose agencies don’t already belong to an aggregator want their firms to join one, a fact challenging the …
The article How Agents View Agency Aggregators appeared first on Insurance Journal.
22
07, 2015
South Carolina Health System Settles Infection Lawsuit for $600K
South Carolina’s Greenville Health System has settled a wrongful death lawsuit with the family of a surgical patient who died after contracting an infection. The Greenville News reported that court documents show the health care system offered $600,000 to settle …
The article South Carolina Health System Settles Infection Lawsuit for $600K appeared first on Insurance Journal.
21
07, 2015
Rhode Island’s Attorney General Releases PSA on Dangers of Drunken Driving
Rhode Island’s attorney general has released a public service announcement on the dangers of drunken driving. Peter Kilmartin says the 30-second video focuses on young drivers, who are inexperienced and often don’t consider the consequences of driving while drunk. Kilmartin …
The article Rhode Island’s Attorney General Releases PSA on Dangers of Drunken Driving appeared first on Insurance Journal.
21
07, 2015
Brazil Economy Challenges Re/Insurers; No Rating Impact Expected: A.M. Best
As Brazil’s sovereign ratings hover just above non-investment grade status, A. M. Best said it is considering the effect a future sovereign downgrade would have on rated re/insurers’ balance sheets and risk-adjusted capitalization, according to a briefing published by the …
The article Brazil Economy Challenges Re/Insurers; No Rating Impact Expected: A.M. Best appeared first on Insurance Journal.
21
07, 2015
Travelers Q2 Profit Up 19% on Lower Catastrophe Costs
Travelers Cos., the only property/casualty insurer in the Dow Jones Industrial Average, said second-quarter profit advanced 19 percent as natural disaster costs dropped. Net income climbed to $812 million, or $2.53 a share, from $683 million, or $1.95, a year …
The article Travelers Q2 Profit Up 19% on Lower Catastrophe Costs appeared first on Insurance Journal.
21
07, 2015
Talbot Appoints Sonville Managing Director, Montero Underwriting for Latin Am.
Talbot Underwriting Ltd., a wholly owned subsidiary of Validus Holdings, Ltd., announced the appointment of Luis Sonville as Managing Director of Talbot’s Latin American regional offices (Talbot LATAM). He will manage Talbot’s facultative operations in Miami and Santiago, and will …
The article Talbot Appoints Sonville Managing Director, Montero Underwriting for Latin Am. appeared first on Insurance Journal.
22
07, 2015
HNI’s Transportation DART System Aimed at Improving Driver Performance
New Berlin, Wis.-based risk management firm, HNI, announced it has launched the Transportation DART System, a performance management platform that captures metrics on productivity, safety and fuel efficiency for drivers and driver managers. The company said demand for performance scorecards …
The article HNI’s Transportation DART System Aimed at Improving Driver Performance appeared first on Insurance Journal.