News
Another Suitor Looking At American Safety; Fairfax Provides Waiver
American Safety Insurance Holdings, Ltd. announced Wednesday that Fairfax Financial Holdings Limited has provided American Safety with a waiver of certain provisions under the merger agreement ...
RMS Version 13.0 Released For North American Hurricanes
RMS announced the release of its North Atlantic hurricane model suite, version 13.0, today, noting that the release delivers the ability to fully quantify the risk from catastrophic hurricane-driven ...
Producer compensation programs send clear messages about what a carrier values. Commission rates, incentive structures, bonuses, and performance thresholds direct...
Ralph Nader Planning Tort Law Museum
Ralph Nader has a new cause. After dedicating nearly half a century to battling businesses over almost everything from dangerous products to the influence of money in politics, the consumer advocate ...
How Most of the Insurance Industry Escaped the Worst of the Financial Crisis
At a time when efforts are underway to require additional supervision of some large insurers, a new government report concludes that the insurance industry's own practices and the policies of state ...
Transportation Insurer National Interstate Posts Surprise Q2 Loss
National Interstate Corp., the insurer majority owned by American Financial Group Inc., plunged the most since 2008 after reserves for claims in prior periods proved inadequate, fueling a surprise ...
TD Bank Faces Insurance Loss Due to Flood Claims
Toronto-Dominion Bank , Canada's second-largest lender, said it will take a third-quarter charge after tax of C$418 million ($406 million) due to recent severe weather in Alberta and Ontario and to ...
As New York City Comptroller, ‘Sheriff of Wall Street’ Spitzer Would Face Limits
Eliot Spitzer promises that if he gets elected New York City comptroller, he'll reimagine the office, using about $80 billion in pension stock holdings to keep corporations well-managed and socially ...