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Wednesday, October 22, 2008 ( change date )
Oregon Proposes Sharing Wildfire Costs
The only sure things about wildfires is that they will cost more to put out than they used to and that they remain as unpredictable as ever.
Hotter, drier summers, rising labor and equipment costs,
Insurancejournal.com Wednesday, October 22, 2008Idaho Residents Remember Strong Earthquake
Holly Seefried was in bed sleeping beside her husband, Bill, at 8:06 a.m. on Oct. 28, 1983, when they awoke to a roar outside their ranch home near Mackay.
The noise grew louder by the second.
"
Insurancejournal.com Wednesday, October 22, 2008Utah Motorcycle Deaths Hit Record High
More motorcycle riders than ever have died in Utah in 2008.
Motorcycle deaths hit a record low in 1997 in the U.S., but the number of deaths has reached record highs both nationally and in Utah sin
Insurancejournal.com Wednesday, October 22, 2008Reliance Anil Dhirubhai Ambani Group may bid for AIG's Asian assets
Reliance Anil Dhirubhai Ambani Group is likely to bid for the nationalized American Insurance Group's Asian insurance business, except the Indian operations, according to The Economic Times.
Insurance-business-review.com Wednesday, October 22, 2008Prudential eyes AIG's Asian assets
British insurance group Prudential has confirmed that it may consider bidding for the American Insurance Group's Asian division, with an offer of GBP8 billion.
Insurance-business-review.com Wednesday, October 22, 2008Everest Re Reports $233 Million Q3 Net Loss; $2.2 Million for 9 Months
The Bermuda-based Everest Re Group reported third quarter 2008 after-tax operating income, which excludes realized capital gains and losses, of $12.6 million, or $0.21 per share, compared to after-tax
Insurancejournal.com Wednesday, October 22, 2008S&P Affirms ING's Group Ratings; Outlook Remains Stable
Standard & Poor's Ratings Services has affirmed its 'AA-/A-1+' counterparty credit ratings on both ING Groep N.V. and ING Verzekeringen N.V. S&P also affirmed its 'AA/A-1+' counterparty credit ratings
Insurancejournal.com Wednesday, October 22, 2008Munich Re Chairman Affirms Group's Financial Strength
Commenting on the latest developments in the world's financial markets, Munich Re's Board of management Chairman, Dr. Nikolaus von Bomhard, stated: "We welcome the measures adopted by the European sta
Insurancejournal.com Wednesday, October 22, 2008Chaucer's Gustav/Ike Losses at $55 Million; Investment Loss $47 Million
Chaucer, the specialist Lloyd's insurance group, announced that its preliminary loss estimates for hurricanes Gustav and Ike - net of reinsurance and reinstatement premiums - is approximately $55 mill
Insurancejournal.com Wednesday, October 22, 2008AIG to Offer Banks 'Commercial Umbrella' Endorsement for Basel II
AIG Excess Casualty ®, a unit of AIG Commercial Insurance, announced that it is offering an endorsement to its commercial umbrella policy to help U.S. banks operating overseas meet Basel II requi
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