BOSTON--Risk managers, insurers, reinsurers and brokers will have help assessing catastrophe risk to industrial facilities with new studies and model enhancements, AIR Worldwide (AIR) announced here this week.
Michigan Governor Jennifer Granholm will sign into law legislation that bans texting while driving in the state, today on the Oprah Winfrey show, a spokesperson for the governor confirmed.
Insured losses from the recent explosion of the Deepwater Horizon Drilling Platform in the Gulf of Mexico could reach $1.5 billion, according to Transatlantic Holdings, Inc.
No-fault auto insurance reform took center stage in a meeting between more than 100 insurance industry professionals and key New York state legislators, a joint statement of industry associations said.
Anxiety is growing within the agent and broker community about rules in New York going into effect in January 2011, requiring them to disclose to their clients information about compensation received from insurers.
With companies laying off employees by the millions, closing up facilities or going out of business altogether, fueling a soft commercial insurance market, these are challenging times indeed for workers' compensation carriers.
In his role as Vice President for OneBeacon Professional Insurance, David Molitano manages four distinct lines of business: technology, media, network security, and miscellaneous professional liability.