Building Codes Bill Clears House Committee: A U.S. House committee has passed bipartisan legislation to encourage the adoption and enforcement of statewide building codes.
The Disaster ... Date: 11/6/2009 Source: BestWire
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Vote Scheduled on Democratic Health Plan; GOP Alternative Unveiled: The U.S. House of Representatives has scheduled a Nov. 7 vote on the Democratic plan for health care reform, two days after the American Medical Association ... Date: 11/6/2009 Source: BestWire
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After Third-Quarter Loss, RBS Restates Plan to Sell Insurance Arm: Royal Bank of Scotland Group plc, the government-controlled U.K. bank that reported a pretax loss of 2.1 billion pounds (2.34 billion euros) in the third ... Date: 11/6/2009 Source: BestWire
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QBE Targets 24% Premium Growth In Australia With Help From Enhanced Distribution: Australia's QBE Insurance Group Ltd. [85434] said it targets a 24% growth in gross premium income to A$4.2 billion (US$3.8 billion) in 2010 for its Australian ... Date: 11/6/2009 Source: BestWire
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Update: Insurance Jobs Fall for 12th Straight Month; September Jobs Data Revised Lower: (Revises the percentage increase in wages for reinsurance employees in the last paragraph.)
The U.S. insurance industry lost 3,400 jobs in October, ... Date: 11/6/2009 Source: BestWire
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India's Oil Depot Fire in Jaipur Leads to Big Insured Loss: India's oil depot fire in Jaipur on Oct. 29 is expected to cause massive insurance claims for public and private nonlife insurers underwritten for the Indian ... Date: 11/6/2009 Source: BestWire
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Insurance Jobs Fall for 12th Straight Month; September Jobs Data Revised Lower: The U.S. insurance industry lost 3,400 jobs in October, the 12th consecutive month of losses, according to seasonally adjusted data released Nov. 6 by the U.S. ... Date: 11/6/2009 Source: BestWire
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RMS: Asteroids, One More Reason to Diversify Your Portfolio: Just more than 100 years ago, in rural Siberia, a comet or asteroid exploded with a force about 1,000 times more powerful than the nuclear bomb dropped over ... Date: 11/6/2009 Source: BestWire
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Lower Cat Losses Help 3Q Profit as Allstate Takes 'Aggressive Stance' on Risk Management: Allstate Corp. jumped to a third-quarter profit, posting $221 million in net income, compared with a $923 million loss during the same time last year, as ... Date: 11/5/2009 Source: BestWire
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Taiwan Motor Insurance Premiums See Downward Trend: Improvements in road safety, claims investigation and management systems have contributed to a downward trend in premium rates for automobile insurance in ... Date: 11/5/2009 Source: BestWire
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Report: Australia's Coastal Region Threatened by Rising Sea Level: A rising sea level as a consequence of climate change has created an urgent need to develop risk adaptation measures, including insurance, for Australia's ... Date: 11/5/2009 Source: BestWire
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Colorado, North Carolina and Maine See Workers' Compensation Loss Cost Cuts: Colorado, North Carolina and Maine each announced decreases in workers' compensation loss costs starting in 2010.
Colorado Insurance Commissioner ... Date: 11/4/2009 Source: BestWire
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Election 2009: GOP Wins States, Democrats Add Two U.S. House Seats: Two new Republican governors swept the only state executive races up for grabs on Election Day 2009. In federal races, Democrats came out on top, including ... Date: 11/4/2009 Source: BestWire
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U.S. Senator Criticizes Health Insurers' Medical Loss Ratios: The U.S. health insurance industry, and one company in particular, Cigna Corp., are coming under fire again. This time the scrutiny is on companies' medical ... Date: 11/3/2009 Source: BestWire
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Report: U.S. Government Could Launch Workers' Comp Captive: Faced with increasing workers' compensation costs for defense contractors working overseas, the U.S. government could consider forming a captive to self-insure ... Date: 11/3/2009 Source: BestWire
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Severe Weather Knocks Down Co-operators General Third-Quarter Results: Due to severe summer storms, Co-operators General Insurance Co. said it posted a net loss of C$16.1 million (US$14.9 million) during the third quarter, ... Date: 11/3/2009 Source: BestWire
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Georgia Fines UnitedHealthcare, Sister Companies $750,000 for Prompt-Payment Violations: Georgia insurance regulators have fined UnitedHealthcare Insurance Co. and affiliate companies a combined $750,000 for delaying payments on thousands of health ... Date: 11/3/2009 Source: BestWire
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CNA Posts Gain on Better Investment, Underwriting Results: CNA Financial Corp. reported a $263 million profit during the third quarter, compared with a $331 million net loss during the same period last year as ... Date: 11/2/2009 Source: BestWire
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Best's Review Magazine Examines How Athletes Are Protecting Themselves With Disability Insurance: Top college athletes have the opportunity to sign huge contracts once they turn professional, but if they sustain a career-ending injury, all the prospective ... Date: 11/2/2009 Source: BestWire
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Election 2009: State Races and Insurance Issues: Political analysts are looking to gubernatorial elections in New Jersey and Virginia as electoral bellwethers. With the exception of health care issues, ... Date: 11/2/2009 Source: BestWire
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