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Industry - Insurance latest news

Industry - Insurance latest news


5 Million Michigan Residents Will Travel over July 4 Holiday, Says AAA
An estimated 1.5 million Michigan residents will travel during the 2008 Fourth of July holiday, according to a recent AAA survey of 8,500 U.S. residents. Of this number, 1.1 million will travel by car
Insurancejournal.com Thursday, July 03, 2008

Insurance Web Site Lists Total Loss Vehicles
The National Insurance Crime Bureau (NICB) has created a new Web-based service with total-loss data for consumers so they can learn if a vehicle has previously been severely wrecked, flooded or stolen
Insurancejournal.com Thursday, July 03, 2008

Red Sox, City Balk at Inspection Doubts, Say Fenway Park Safe
City and Red Sox officials say Fenway Park is safe despite what appear to be just cursory annual safety inspections of the 96-year-old stadium. According to a report in The Boston Globe, the safety
Insurancejournal.com Thursday, July 03, 2008

Monarch E&S Names Kaufman COO
Monarch E&S Insurance Services promoted Mark Kaufman to the position of chief operating officer. The company said the position is commensurate with the duties he has been taking on over the past year.
Insurancejournal.com Thursday, July 03, 2008

Marsh Receives Qatar License
Marsh has been authorised by the Qatar Financial Centre (QFC) Regulatory Authority to provide a broad range of insurance broking and risk advisory services in Qatar. Duncan Buchanan, CEO of Marsh Q
Insurancejournal.com Thursday, July 03, 2008

Lloyd's Dedicates Two Memorials to Honor War Dead
Lloyd's held a special service on July 2 to dedicate and unveil two new War Memorials commemorating Lloyd's associates who lost their lives during the First and Second World Wars. The memorials, wh
Insurancejournal.com Thursday, July 03, 2008

OneBeacon Files $1 Billion Shelf Registration Statement; S&P Assigns Ratings
The Bermuda-based OneBeacon Insurance Group announced that it has filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission (SEC). Standard & Poor's announced th
Insurancejournal.com Thursday, July 03, 2008

UK's Barbican Group to Use AIR's Cat Risk Management Systems
Boston-based AIR Worldwide Corporation (AIR) announced that Barbican Insurance Group has licensed its catastrophe risk management systems. Barbican trades as Lloyd's Syndicate 1955 and writes a broad
Insurancejournal.com Thursday, July 03, 2008

U.S. Midwest Floods Show Impact of Global Warming, Say Conservationists
Floods like those that inundated the U.S. Midwest are supposed to occur once every 500 years but this is the second since 1993, suggesting flawed forecasts that do not take global warming into account
Insurancejournal.com Thursday, July 03, 2008

N.H. Flood Maps Outdated, FEMA-Sponsored Study Finds
Federal maps used by most New Hampshire communities to determine the scope of once-per-century floods are sometimes decades out of date. A study recommends updating them to steer development away f
Insurancejournal.com Thursday, July 03, 2008

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