A modeling firm which has been projecting pandemic flu impact for the past three years says the current outbreak while growing is unlikely to cause big insurance losses.
Aviation insurance continues to show increases, with April renewal rates showing an overall increase of 4 percent in lead hull and liability premiums, according to Aon's monthly aviation report.
The financially troubled and taxpayer-financed American International Group Inc. last week reported a net loss for 2009's first quarter of $4.35 billion, an improvement from the $7.81 billion net loss in the same period a year earlier.
To paraphraseRicky Ricardo'srepeated warning tohis wacky but lovable spouse in "I Love Lucy," AIG CEO Ed Liddy will have "a lot of 'esplaining' to do" ...
Producers can add value to their services by helping clients understand the implications of the economic and political climate relative to their insurance needs.
Last week I had the privilege of seeing independent agents in action at the Big "I" annual legislative conference and convention in Washington, D.C. -- ...
As consumers deal with the fallout from the recession, some are cutting back on coverage when insuring non-essential luxury items such as boats and other recreational watercraft--a short-sighted step that could come back to haunt them, carriers warn.