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Standard & Poor’s Ratings Services has revised its outlook to stable from negative on Netherlands-based commercial lines insurer Fortis Corporate Insurance N.V. (FCI), and affirmed its ‘A-‘ … Read the rest of this great post here
The Bermuda-based Max Capital Group Ltd. announced that Max Specialty Insurance Company, a Delaware licensed insurer, is now approved to write business on a non-admitted basis in 49 other states, … Read the rest of this great post here
SCOR Global Life US (SGL U.S.), a wholly-owned subsidiary of France’s SCOR Group, has reached a definitive agreement to acquire XL Re Life America Inc. (XLRLA), a subsidiary of XL Capital Ltd. … Read the rest of this great post here
Despite a slight drop in total revenues, Bermuda-based Platinum Underwriters Holdings reported net income for the second quarter of 2009 of $98.1 million, compared to $99.755 million in Q2 2008. … Read the rest of this great post here
The Professional Independent Insurance Agents of Colorado (PIIAC) is sseeking nominations recognizing outstanding service to the association or to the insurance industry. The awards recognize … Read the rest of this great post here
Insurance premiums and claims for doctors both have dropped significantly in recent years, while the medical malpractice insurance industry is enjoying “remarkable profits” in light of the global … Read the rest of this great post here
Clements International, a Washington, D.C.-based provider of global insurance solutions, has named J. Christopher Beck president. Beck was previously senior vice president of the company. Beck … Read the rest of this great post here
The reality is that Congress will miss President Barack Obama’s August deadline for health care reform. The Administration had wanted each Chamber to pass a bill before Congress recesses in early-August. Members of a Conference Committee would then spend the recess working through differences between the bills and Congress would be in a position to send legislation to […]
Car insurance premiums break the bank for some drivers, which is why they prefer to pay for their insurance by making a low down payment followed by monthly installments. They find it easier and more manageable to pay a smaller bill each month instead of a large bill once or twice a year when the […]