Insurance Blog

The city of Cedar Falls, Iowa, has approved a new ordinance expanding the number of residents who have to get flood insurance.
The approved ordinance takes effect Jan. 1. It says that everyone …
pubDate:Wed, 16 Dec 2009 11:41:34 -0600
Original Link:Cedar Falls, Iowa, Expands Flood Insurance Requirements – insurancebazaar.net

State Farm Insurance thinks it's paying too much in property taxes in its hometown of Bloomington, Ill. If the company is right it could cost local schools and government millions of dollars.
The …
pubDate:Wed, 16 Dec 2009 11:44:34 -0600
Original Link:State Farm Says It’s Paying Too Much in Property Tax to Bloomington – insurancebazaar.net

Van Nuys, Calif.-based Momentous Insurance Brokerage has formed a specialty practice exclusive to sports to provide risk management and insurance solutions for athletes, coaches and teams. …
pubDate:Wed, 16 Dec 2009 12:19:57 -0600
Original Link:Momentous Insurance Creates Sports Division – insurancebazaar.net

Novato, Calif.-based Fireman’s Fund is launching an Allianz Personal Auto Policy in 11 states, with plans to offer the coverage in more states by the end of 2010. The policy …
pubDate:Thu, 17 Dec 2009 01:10:20 -0600
Original Link:Fireman’s Fund Offers Allianz Brand Personal Auto Insurance in 11 States – insurancebazaar.net

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Western Security Surplus Insurance Brokers (WSS) announced that it is consolidating its brokerage division and headquarters into one location in Pasadena, Calif.
Effective Dec. 18, 2009, the …
pubDate:Thu, 17 Dec 2009 01:25:40 -0600
Original Link:Western Security Surplus Relocates Pasadena Headquarters – insurancebazaar.net

National Australia Bank made a surprise trump bid for AXA Asia Pacific Holdings' Australian and New Zealand units on Thursday, in a cash deal that would value all the target firm at around $12 …
pubDate:Thu, 17 Dec 2009 05:28:49 -0600
Original Link:NAB Trumps AMP in $12 Billion Offer for AXA Asia-Pacific – insurancebazaar.net

Marsh UK has issued a warning to retail jewelers to review their risk management and security practices ahead of the 2010 insurance renewal season, or risk facing sizeable increases in their …
pubDate:Thu, 17 Dec 2009 05:32:41 -0600
Original Link:Marsh Warns Recent Losses May Hit UK Jewelry Insurance Market in 2010 – insurancebazaar.net

A.M. Best Co. has affirmed Best’s Syndicate Rating of 'A+' (Superior) and the issuer credit rating of “aa-” of Lloyd’s Syndicate 2001, which is managed by Amlin …
pubDate:Thu, 17 Dec 2009 05:37:17 -0600
Original Link:Best Affirms Ratings of Lloyd’s Syndicate 2001 and Amlin plc – insurancebazaar.net

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A.M. Best Co. has affirmed the financial strength rating of 'A' (Excellent) and issuer credit rating of “a” of Amlin Bermuda Limited (ABL), both with stable outlooks.
In a separate …
pubDate:Thu, 17 Dec 2009 05:39:31 -0600
Original Link:Best Affirms Amlin Bermuda ‘A’ Ratings – insurancebazaar.net

According to a report from catastrophe risk modeling firm AIR Worldwide, "severe Tropical Cyclone Laurence made a second landfall this evening [Dec. 16] along the Kimberley coast of north Western …
pubDate:Thu, 17 Dec 2009 05:42:39 -0600
Original Link:AIR Analyzes Impact of Tropical Storm Laurence on Western Australia – insurancebazaar.net