Feature Stories and Daily News from
Long Point Re III Ltd. has issued US$300 million worth of three-year cat bonds to provide The Travelers Companies Inc. with protection from hurricane losses in the northeastern United States.
May 22, 2013
The U.S. property and casualty insurance industry released in excess of US$10.5 billion in reserves in 2012 but the industry loss position is either stable or improved from 2011, according to a report released this week by Conning & Company.
May 21, 2013
The Ontario Provincial Police (OPP) have reported two fatalities over the Victoria Day long weekend, one involving a pedestrian and a distracted driver.
May 21, 2013
While nearly two thirds of Canadian organizations included in a recent survey say they’re prepared to handle “insider threats,” only about one in seven have a specific internal definition of what those threats could be,...
May 21, 2013
Ontario NDP leader Andrea Horwath has announced that she will support the governing Liberal Party’s budget for 2013-14, which includes plans to reduce auto insurance rates in the province by an average of 15%.
May 21, 2013
XL Group plc (NYSE: XL) announced Tuesday that its inland marine division it is offering customized coverage for mid to large-sized trucking operations in North America, including errors and omissions, employee tools, accounts receivable and...
May 21, 2013
The composite rate index for U.S. property, casualty and professional liability business is plus 5%, matching the increase from March 2013, according to MarketScout, a Dallas-based insurance exchange with 35,000 users throughout the United...
May 21, 2013
Prospective insurance clients are becoming more sophisticated, carriers and brokers need to provide full disclosure to their clients and one misstep can ruin your brand, suggests Bob Dempsey, president and chief operating officer of the...
May 17, 2013
The Canadian Association of Occupational Therapists has developed a new set of resources for older drivers in the country.
May 17, 2013
More than 32 million people worldwide were forced to leave their homes last year because of disasters such as floods, storms and earthquakes, according to a recent report from the Internal Displacement Monitoring Centre.
May 17, 2013
>> More News