The explosion of the Deepwater Horizon rig in the Gulf of Mexico has changed sentiment among energy underwriters and will likely lead to new market dynamics, according to a new report by insurance broker Marsh.
The pace of federal securities class action filings was slower in the 2010 first half than in 2009, with filings on track to decline for a second consecutive year, an economic consulting firm said.
Almost two years after Hurricane Ike nearly wiped out the town of Galveston, Texas, the Texas Windstorm Insurance Association has agreed to pay an estimated $189 million to policyholders whose homes were destroyed by the storm.
Property-catastrophe reinsurance rates in the United States have significantly decreased despite disaster losses from the Chile earthquake and storms in Australia.
Nearly two years after Hurricane Ike destroyed the town of Galveston, Texas, the Texas Windstorm Insurance Association reached a $189 million settlement with policyholders.
The workers compensation market experienced a 6.5 percent growth in total pharmacy spending per injured worker in 2009, according to a report by a pharmaceutical products provider.
A 6.5 magnitude earthquake shook the Bio-Bio region of Chile early Wednesday morning but there have been no reports of significant damage, a catastrophe modeler said.
New York agent associations are taking steps to inform their members about the state Insurance Department's new regulation on producer compensation disclosure, developing online programs and overviews in anticipation of the new rule.