Following its purchase, QBE intends to cancel the 50 percent quota share reinsurance arrangements that Praetorian has with Hannover Re, and inject an additional $200 million of capital into Praetorian
The sudden illness incapacitating U.S. Senator Tim Johnson, D-S.D., shows that we're one traffic accident or heart attack away from a seismic shift in the country's political control. In today's blog
The insurance industry has taken a beating lately from juries, state lawmakers and Congress on issues ranging from Hurricane Katrina claims to broker compensation. Still, NU Editor In Chief Sam Friedm
West Palm Beach-based Flood Zone Correction Inc. said yesterday that low flood risk homeowners in several states contribute more in annual premium to the National Flood Insurance Program than they rec
The firm noted that "people concerned with the ability to sell their properties and politicians focused on the need to sustain inward investment will prefer that information on rising levels of risk
Claims News Service, Dec. 13, 2:11 p.m. EST -- SIMSOL Software, a PC and web-based estimating tools provider, has released an update to its estimating and property claims documentation software
Claims News Service, Dec. 13, 2:11 p.m. EST -- SIMSOL Software, a PC and web-based estimating tools provider, has released an update to its estimating and property claims documentation software
Moody's Investors Service in New York gave the proposed offering a Baa3 rating or a "medium" rank--the lowest of its investment grade ratings. "It's deeply subordinated in the company's debt structure