By AVRECO"Storefront owner AVRECO – The Park Group, a wholesale insurance brokerage located in Chicago, is pleased to announce the hiring of Sarah Dore, CPCU, to the position of Senior Vice President within the Healthcare department...."
By Joe MullinFebruary 9, 2007The Insurance Journal"Physicians' insurance premiums are down and more doctors are coming to Nevada since voters limited damages in medical malpractice cases, lawmakers were told Wednesday. But trial lawyers said many malpractice victims have been unable to go to court since the law's passage..."
February 7, 2007The Insurance Journal"The Council of Lloyd's has confirmed the following appointments, made at a meeting on Monday, Feb. 5:"-- Lord Levene was re-appointed as Chairman of Lloyd's;"-- Graham White, Executive Director of Argenta Private Capital Ltd, was appointed as Deputy Chairman of Lloyd's to replace Bronek Masojada, Chief Executive of Hiscox, whose term of office on Council expired on 31 January 2007;"-- Ewen Gilmour, Chief Executive of Chaucer Syndicates Ltd, was re-appointed as Deputy Chairman of Lloyd's; and"-- Bill Knight was re-appointed as Deputy Chairman of the Council..."
January 30, 2007The Insurance Journal"Chicago-based The Park Group, a wholesale insurance brokerage has announced the promotion of Peter Upjohn to the position of manager of the newly established Professional Liability Brokerage Department..."
February 5, 2007The Insurance Journal"'A quarter of all premium transactions in the London market are expected to be handled electronically by the end of the month,' said a recent bulletin on the Lloyd's web site (www.lloyds.com)..."
By Matt SedenskyFebruary 5, 2007The Insurance Journal"Before the echocardiogram or the prostate exam, before blood was drawn or body fat measured, the patients had a simple task: Sign the football..."
By Pat MiltonFebruary 5, 2007The Insurance Journal"Government and American Red Cross disaster experts from New York, London and Madrid — three cities hit by terrorist attacks in recent years — met last week in New York for a two-day conference to share experiences and improve response strategies..."
February 5, 2007The Insurance Journal"Most insurance industry analysts predict slower P/C premium growth for 2007, according to an Insurance Information Institute's annual survey of Wall Street stock analysts and industry professionals released each year on Feb. 2, Groundhog Day. This year's survey results indicate that the respite in catastrophe losses in 2006, combined with a strong performance in virtually all other major lines of property/casualty (P/C) insurance, will, in all likelihood, propel the industry to its best underwriting performance since 1936. Analysts further expect the industry's profitability to continue in 2007, albeit with an underwriting performance that generates a much smaller underwriting profit; the trend of decreasing underwriting profits is expected to continue in 2008..."
Publication Date: February 5, 2007Source: Advisen -- Insurance Market"New York, Feb. 5, 2007 – In the fourth quarter of 2006, commercial insurance premiums reflected some of the year’s most dramatic rate changes, according to the RIMS Benchmark Survey™. As predicted by Advisen analysts, the soft market continues to gain momentum due to a relatively stable year free of major catastrophes. The RIMS Benchmark Survey™ is the industry’s leading comprehensive survey of current policy renewal prices as reported by corporate risk managers..."
Publication Date: January 31, 2007Advisen -- RegulationSource: Dow Jones News Service (DJNS, "Broad Tape")By Alistair Barr"An emergency rule approved Tuesday by Florida legislators prevents insurers in the state from canceling policies and raising rates for 90 days, in another blow to the industry..."
