BestWeek: State Legislators Try to Fend Off Federal Regulatory Effort: The members of the National Conference of Insurance Legislators have been drawing a line in the sand, trying to mark what they contend is appropriate ... Date: 11/20/2009 Source: BestWire
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Aon President-CEO Gets Contract Extension Into 2015: Aon Corp. President and Chief Executive Officer Gregory C. Case received a five-year contract extension from the company.
Case has held the positions ... Date: 11/17/2009 Source: BestWire
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Singapore's Regulator: Asia's Growth Potential Barely Tapped: Rapid economic growth and good long-term fundamentals in Asian markets are fueling reinsurance revenue and positioning the region as a key element in balancing ... Date: 11/17/2009 Source: BestWire
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As Contractor Activity Grows, Government-Owned Captives Increasingly Common: The proposal for the U.S. government to launch a captive may raise some eyebrows in the industry, but it would not be the first time a public agency turned to ... Date: 11/16/2009 Source: BestWire
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Towers Perrin: Commercial Lines Will Increasingly Use Predictive Modeling: A survey by consulting firm Towers Perrin found commercial lines carriers are increasingly discovering the benefits of using predictive modeling in ... Date: 11/12/2009 Source: BestWire
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Former Vermont Insurance Commissioner Ledbetter Dies: Stewart Manee Ledbetter, a former Vermont Banking and Insurance Department commissioner, died Nov. 5 in Vero Beach, Fla.
He was 76.
Ledbetter ... Date: 11/10/2009 Source: BestWire
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Tax Incentives and Proximity to Business Attract Japanese Captives to Hawaii: Japanese captives are picking Hawaii as a popular domicile for business because of tax incentives and geographic and cultural proximity to their origins. ... Date: 11/9/2009 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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Hawaii Sees Steady Growth in Japanese Captive Formations: Hawaii has seen steady growth in captives set up by Japanese corporates. The domicile has attracted 18 Japanese captives since 1991.
"There have been ... Date: 11/3/2009 Source: BestWire
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Competition Among Insurance Domiciles Heats Up: Competition among domiciles is heating up as many countries and U.S. states vie to host insurance companies and their related business.
"I like it, I ... Date: 11/2/2009 Source: BestWire
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Most Protected Cell Captives Settle in Guernsey: Over the past two decades, the number of captives around the world has almost doubled, growing from 2,535 in 1989 to 5,211 at year-end 2008. Guernsey's ... Date: 11/2/2009 Source: BestWire
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BestWeek: Competition Among Insurance Domiciles Heats Up: Competition among domiciles is heating up as many countries and U.S. states vie to host insurance companies and their related business, according to the Nov. 2 ... Date: 10/30/2009 Source: BestWire
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Hartford Financial Names CFO Its New Head of Risk Management: Hartford Financial Services Group Inc. chose to make its chief financial officer the new chief risk officer and begin an external search for a new ... Date: 10/27/2009 Source: BestWire
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William Gallagher Acquires RPG Insurance Administrators: Boston-based insurance broker William Gallagher Associates said it has acquired RPG Insurance Administrators Inc.
Terms of the transaction were not ... Date: 10/27/2009 Source: BestWire
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New York Life Chief: Industry Should Use Judgment Over Financial Models: A lesson the life industry likely has learned following the financial crisis is that it's better to use personal judgment than rely too much on sophisticated ... Date: 10/27/2009 Source: BestWire
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Newsome Joins U.S. Re as S.V.P.: Dan J. Newsome, has joined U.S. Re Corp., the international brokerage subsidiary of U.S. Re Cos. Inc., as senior vice president, the company ... Date: 10/23/2009 Source: BestWire
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Judges Evaluate Towers Perrin Risk-Management Software in E-Fusion Competition: Professional service consultancy Towers Perrin demonstrated its highly advanced CATography catastrophe risk management software during a webcast that's part of ... Date: 10/21/2009 Source: BestWire
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A.M. Best, Equity Analyst See a Rough Road for Life Insurers: Prospects are not bright for the life insurance industry over the next year even though economic conditions have improved, according to speakers at a breakfast ... Date: 10/20/2009 Source: BestWire
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RMS: Insured Loss Could Hit $19 Billion if San Francisco Area Quake Strikes: A new report by modeling firm Risk Management Solutions estimates a 7.2 magnitude quake along the Peninsula segment of the San Andreas Fault could result in ... Date: 10/19/2009 Source: BestWire
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Without the Wind Blowing, Florida Insurers Struggle to Hang On: No major storms have socked Florida for a few years now, but the residential property insurance market does not appear to be benefitting from that lack of ... Date: 10/19/2009 Source: BestWire
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