Markets
Traffic Deaths in Fracking Towns are Deadly Side Effect of Booming Business
Booming production of oil and natural gas has exacted a little-known price on some of the nation's roads, contributing to a spike in traffic fatalities in states where many streets and highways are ...
Good News for Workers Comp Industry: NCCI
The fact that the workers compensation combined ratio was 101 in 2013, a seven-point decrease from 2012 and a 14-point decline since 2011, is a sign that the workers comp market is returning to a ...
Hudson Insurance’s Environmental Practice Moves to Crum & Forster
Hudson Insurance Group and sister company Crum & Forster have announced a strategic combination of their environmental liability businesses. Effective May 19, Hudson's environmental staff and ...
Key Leadership Additions Announced at CoverXSpecialty
CoverXSpecialty, a member of the Crum & Forster Enterprise specializing in coverage for business with unique risks, has announced three key appointments to its leadership team. • Sam Anderson ...
A.M. Best Slashes Tower’s Financial Strength Ratings
Bad news for Tower Group International and its subsidiaries: A.M. Best has downgraded the insurer's financial strength ratings, as the carrier works through the steps of a planned merger with ACP Re. ...
International Fidelity Insurance Faces A.M. Best Review After Self-Reporting Statement Revisions
A.M. Best has placed the "A-minus" financial strength rating of Newark, N.J.-based surety writer International Fidelity Insurance Company (IFIC) under review with negative implications, following ...
Commercial Auto Insurers Canal and Lancer Get New A.M. Best Outlooks
Oldwick, N.J.-based A.M. Best issued revised outlooks for two commercial automobile insurance specialists yesterday—Canal Insurance Company and Lancer Insurance Company—changing Canal's outlook ...
What’s Next for Cyber Insurance?
There's a saying in the cybersecurity industry that there are two types of businesses today: those that have been breached and know it, and those that have been breached and just don't know it. ...