Reinsurance


Reinsurance

Baron & Budd Attorney Alan Rich to Speak at Mealey

Alan Rich, a shareholder with the law firm of Baron & Budd, P.C., will participate in a panel discussion on legacy claims and emerging issues at Mealey's Insurance Solvency & Reinsurance Roundtable Conference held today in Scottsdale, Arizona.The panel will examine major claims facing the insurance and reinsurance industry, as well as the impact on the industry, including a discussion on asbestos litigation. Rich is a shareholder with Baron & Budd and serves in the firm's asbestos and toxic tort practices, concentrating on related bankruptcy, insurance and commercial litigation matters.

Board Certified in Appellate Law by the Texas Board of Legal Specialization.Since 1977, the law firm of Baron & Budd, P.C., has championed the rights of people and communities harmed by corporate misconduct. With over 70 attorneys and offices ...

NAILM Sponsors Seminar to Explore Building Better Relationships Between Defense Counsel and Carriers

ContentDesk) October 15, 2005 -- Fostering the Collaborative Rather than Adversarial Relationship between Claims handlers and Defense Firms in the Tri-Partite RelationshipThe National Association of Insurance Litigation Management presents A special Seminar about collaboration and team work in the management of Litigated Insurance Claims.The relationship amongst the participants in the Insurance litigation management tripartite relationship is, at best, often strained.

Upon by: * External bill auditing protocols* Precarious relationships with their carrier clients in an era of carrier mergers and consolidation* Staff counsel initiatives* Overly- rigorous billing guidelines To name a few.Carriers are concerned about:* Spiraling defense cost* Inadequate communications* And a sense that counsels duty to their real client the insured", inevitably leads to bad resultsThese issues have lead to an unfortunate trend toward the adversarial rather than the ...

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Free Enterprise Action Fund Urges Insurers to Conduct Independent Analyses of Alleged Link Between Global Warming and Weather-Related Losses

Washington DC (ContentDesk) November 3, 2005 -- Action Fund Management LLC (AFM), investment adviser to the Free Enterprise Action Fund (www.FreeEnterpriseActionFund.com), asked five insurance companies that it owns to conduct independent analyses of allegations that global warming will increase weather-related losses.

Left-leaning institutional investor allies are trying to take advantage of recent natural disasters like Hurricanes Katrina, Rita and Wilma to pressure insurance companies into supporting the Kyoto Protocol and other mandatory restrictions on greenhouse gases, said AFMs Steve Milloy. The Free Enterprise Action Fund (FEAF) is a mutual fund seeking to provide investors with financial returns while persuading companies to focus on increasing shareholder value and profits rather than appeasing outside activists.

FM sent letters to the American International Group (AIG), Chubb Corporation (CB), Hartford Financial Services Group, Inc. (HIG), ...

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The American College and MetLife to Host Two-Day Seminar for African-American Financial Services Professionals

Bryn Mawr, PA (ContentDesk) March 1, 2006 -- The American College, in collaboration with MetLife, will host Strategies to Be a Successful African-American Financial Services Professional on March 2 3, 2006. The event will be held at the Gregg Conference Center on the American Colleges campus in Bryn Mawr, Pennsylvania. The two-day seminar will provide AfricanAmerican financial professionals with an opportunity to network and attend educational sessions designed to help individuals build successful practices.

Presentations will feature highly successful African-American business professionals who achieved significant career success. Some of the highlights planned for the event include:A dinner and welcome by Michael J. Vietri, CLU, Executive Vice President MetLife Agency Distribution Group, followed by a networking reception. A seminar given by Dr. Csaba Sziklai from Sziklai Associates, "Presenting Yourself ...

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Texas Builders Insurance Company Earns Financial Stability Rating

COLUMBUS, Ohio (ContentDesk) August 25, 2005 -- Texas Builders Insurance Company has earned a Financial Stability Rating (FSR) of A, Exceptional from Demotech, Inc. This level of Financial Stability Rating is applicable to insurers possessing exceptional ability to maintain liquidity of invested assets, quality reinsurance, acceptable financial leverage and realistic pricing while simultaneously establishing loss and loss adjustment expense reserves at reasonable levels. Texas Builders Insurance Company is a subsidiary of TBIC Holding Corporation.

Builders Insurance Company is domiciled in Texas and operates as an admitted carrier writing workers' compensation insurance. Texas Builders Insurance Company is actively seeking qualified independent agents including those located in rural areas and smaller towns. The Company does not have a per-policy minimum premium. Texas Builders Insurance Company specializes in artisan contractors ...

Flood Zone Correction, Inc. (FZC) Forms Alliance With Willis Group

West Palm Beach, FL September 23, 2004 - Flood Zone Correction, Inc. (FZC), the nation's first flood zone correction company, announces a unique alliance with Willis Group (NYSE: WSH), one of three global insurance brokers. For a two-year term, Flood Zone Correction, Inc., will provide flood zone correction services for U.S. real estate assets owned and operated by Willis clients. Across the country, property owners purchase more than 4.4 million flood insurance policies through the National Flood Insurance Program (NFIP) at a cost of nearly $2 billion every year.

For commercial real estate owners, successful flood zone correction delivers up to a 100% annual return on investment and up to a 1,600% return on investment at disposition or refinance by capitalizing the savings (new earnings). "The Willis ...

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Employers Security Insurance Company Earns Financial Stability Rating

COLUMBUS, Ohio (ContentDesk) September 23, 2005 -- Employers Security Insurance Company has earned a Financial Stability Rating (FSR) of A, Exceptional, from Demotech, Inc. This level of FSR is appropriate for insurers who possess an exceptional ability to maintain a positive surplus as regards policyholders, maintain liquidity of invested assets, quality reinsurance and acceptable financial leverage.

SRs summarize Demotech's opinion as to the financial stability of an insurer regardless of general economic conditions or the phase of the underwriting cycle. FSRs are based upon statutory insurance accounting principles prescribed or permitted by the National Association of Insurance Commissioners (NAIC). For more than a decade, FSRs of A or better have been accepted by the major participants in the secondary mortgage marketplace, including Fannie Mae, Freddie Mac and HUD.

Security ...

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Oceanwide’s Cargo Insurance Technology Chosen by IMU/OneBeacon Insurance - North American Pilot Launched

We are pleased IMU/OneBeacon has selected the Genoa technology for their cargo insurance operations," said Mitchell Wasserman, President of Oceanwide. "We anticipate a long-term and successful relationship between our two companies." "Oceanwide's technology strengthens our client-service offering by providing on-demand access to services and information that will enable successful cargo insurance and risk management practices," said Michelle O'Donovan, Assistant Vice President and head of IMU's Cargo line.

International Marine Underwriters/One BeaconA member of the OneBeacon Insurance Group, International Marine Underwriters, based in New York City, underwrites various ocean marine insurance products and is a member of the OneBeacon Insurance Group. Headquartered in Boston, Massachusetts, OneBeacon offers specialty and segmented personal and commercial insurance products sold primarily through select independent agents.

Beacon Insurance Group is wholly owned by White Mountains Insurance ...

A Great Way to Buy Insurance: Shop Online and Save

Grismore Insurance Service has specialized in local service since November 1997. Our Agency currently insures people in the North Texas (Dallas County) area. With the addition of its online affiliate, www.grismoreinsuranceservice.com , in 2003, we have maintained our history of being an very technically advanced insurance agency. Because of our independence and technology, we are recognized in the industry as having one of the best customer service departments. We also have several exclusive contracts with insurance companies that no other agency in the area can get.

Our reputation as a quality service office is our most important asset. We have several well known companies listed on Our website, and links to most of the companies, where you can go and get free quotes on line, and purchase your ...

Law Firms, Title Companies, Insurance Agencies Flock to Jugment Day’s MilitarySearch.Org website!

Judgment Day Information Services, Inc., offers up a unique service for law firms for the satisfaction of the Soldiers' and Sailors Civil Relief Act.Available since 1998, the firm has the ability to go directly to the Department of Defense and return an individuals military status within a few hours.What is unique about the service is the fact that all branches of the military are checked at the same time. This saves both time and money. In essence, you no longer must wait for a response from each branch of the military nor do you have separate mailings!

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