Florida Approves Rate Hikes for Citizens Property Insurance: Citizens Property Insurance Corp., Florida's state-run insurer of last resort, won approval to raise rates for its high-risk, wind-only ...
Date: 11/20/2009 Source: BestWire
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Health Net Latest Target of Data-Breach Probe by Conn. Attorney General: Health Net is the latest target of a data breach investigation by Connecticut's attorney general, who says the health insurer lost the health, personal and ...
Date: 11/20/2009 Source: BestWire
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Tokio Marine Forms Its Second India Joint Venture: Tokio Marine Holdings Inc. [50962] has entered into a joint venture with Edelweiss Capital Ltd., an Indian financial services company, to form an insurance ...
Date: 11/20/2009 Source: BestWire
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China Market Premiums Rose 9.1% in October: The China Insurance Regulatory Commission said that for the first 10 months of this year, the domestic insurance sector had cumulative original premium income ...
Date: 11/20/2009 Source: BestWire
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Ironshore Continues Expansion, Enters Canada, Aviation Markets: Specialty insurer Ironshore Inc. has announced two more expansion efforts as it continues to diversify its global business profile and product ...
Date: 11/19/2009 Source: BestWire
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Marine Insurers to Face Rising Tide of Pirates, Theft and Trade Restraint: Piracy, cargo theft and protectionist trade practices are on the short list of the most significant issues, other than the global economy, set to affect the ...
Date: 11/19/2009 Source: BestWire
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Willis Works Out Ownership Deal with France's Gras Savoye: Willis Group Holdings Ltd. said it and the original family shareholders of French insurance broker Gras Savoye & Cie. have signed an agreement with Astorg ...
Date: 11/19/2009 Source: BestWire
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XL Capital Cleared to Set Up Nonlife Insurer in China: The China Insurance Regulatory Commission said it has cleared Bermuda-based global insurance and reinsurance service provider XL Capital Ltd. [58361] to ...
Date: 11/19/2009 Source: BestWire
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Insurers Pay Claims for Snowstorms in North China's Shanxi Province: The Shanxi bureau of the China Insurance Regulatory Commission said that as of Nov. 16, domestic insurers have filed 14,683 claims related to snowstorms that ...
Date: 11/19/2009 Source: BestWire
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Industry: Keep Systemic Risk Laws Away From Insurance Companies: Including oversight of insurance companies in systemic risk legislation fundamentally conflicts with the model of insurance regulation in the United States, a ...
Date: 11/18/2009 Source: BestWire
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Timmons to Retire as President, CEO of Canal Insurance: Canal Insurance Co. President and Chief Executive Officer Charles M. Timmons Jr. said he is retiring from the company, started by his family in ...
Date: 11/18/2009 Source: BestWire
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FPIC CFO: Acquisition of Advocate to Take Advantage of Texas Liability Reform: Medical professional liability insurer FPIC Insurance Group Inc. said it has completed its purchase of privately held Advocate, MD Financial Group Inc. in an ...
Date: 11/18/2009 Source: BestWire
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XL Insurance Acquires Unicorn's Equine Book and Staff: XL Insurance, the global insurance operations of XL Capital Ltd., said it has acquired an equine speciality underwriting and claims team from London-based ...
Date: 11/18/2009 Source: BestWire
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Hong Kong Insurance Federation to Support Taxi Coverage Following May Liquidation: Following the provisional liquidation of Anglo Starlite Insurance Co. Ltd. in May 2009, the Hong Kong Federation of Insurers said the local insurance industry ...
Date: 11/18/2009 Source: BestWire
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State Farm: Texas Regulator's Order Creates 'Another Hurricane Ike': State Farm Lloyds said Texas Insurance Commissioner Mike Geeslin's order to the insurer to refund its policyholders $310 million "effectively created another ...
Date: 11/17/2009 Source: BestWire
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Pennsylvania Regulators Want Kingsway to Unwind Lincoln General Transaction: The Pennsylvania Department of Insurance said it will take legal action against Kingsway Financial Services Inc. because the insurance company's recent ...
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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Regulator Urges Quick Insurer Response to Snowstorms in Northern China: The China Insurance Regulatory Commission has urged insurers to ramp up claims services in the wake of recent severe snowstorms affecting areas in north and ...
Date: 11/17/2009 Source: BestWire
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China's Jiangxi Province Signs Export Credit Insurance Policy: China Export and Credit Insurance Corp. (Sinosure) [77801] has signed a US $149 million export buyer credit insurance contract with the Jiangxi branch of Bank ...
Date: 11/17/2009 Source: BestWire
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China and Taiwan Sign Pact on Financial Cooperation: The regulators of Taiwan and China have signed a financial memorandum of understanding that allows closer cooperation in insurance, banking and securities ...
Date: 11/17/2009 Source: BestWire
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