Markets
Homeowners Choice First Admitted Carrier to Offer Flood Cover in Florida
Homeowners Choice Property & Casualty Insurance Company, Inc., a Florida based provider of homeowners insurance and wholly-owned insurance subsidiary of HCI Group, Inc., announced Thursday that ...
Insurer Steps Up With Loan for U.K. Beermaker as Banks Retreat
When Anthony Woodhouse needed to refinance a bank loan and invest in his family's 236-year old brewery and pub chain his advisers sent him to an insurer. M&G Investments, a unit of Prudential ...
Berkshire Hathaway Specialty Introduces ‘Executive First’ D&O
Offering up to $100 million of D&O capacity, Berkshire Hathaway Specialty Insurance said on Thursday that it introduced Executive First, a policy designed to address the complex and volatile ...
Driving Losing Some Of Its Appeal But Reasons May Vary By Country
Car use appears to have leveled off and even started falling in many of the world's advanced economies long before the global downturn in 2008, according to transport experts. The slowdown brings to ...
Ex-Treasury Deputy Wolin Says Federal Insurance Office Makes Sense
To make continued improvements in the U.S. insurance regulatory system, it's imperative for state and federal officials to work collaboratively and share information and perspectives, said former ...
Reinsurer Downgrades Ahead, S&P Says; A.M. Best Says Sector Stable
Almost half of the global reinsurers rated by Standard & Poor's are "materially exposed" to competitive pressures, the rating agency said Monday, warning of negative rating actions to come for ...
Reinsurance Costs Helping to Lower Florida Homeowners Rates: OIR
Florida's top insurance regulator says that state residents are starting to benefit from a more competitive homeowners market as rates have started to trend downward due in part to the reduction in ...
China Pollution Traveling to U.S., Study Reveals
Pollution from China travels in large quantities across the Pacific Ocean to the United States, a new study has found, making environmental and health problems unexpected side effects of U.S. demand ...