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Posts Tagged ‘should

Safety advocates are urging Congress and regulators to force carmakers to install warning systems that would prevent distracted parents from leaving children in cars, preventing heatstroke deaths.

At least 41 children have died already this year in hot cars, more than any previous year at this point. August was the deadliest month on record, according to the advocacy group Kids and Cars.

Although much of the U.S. had record temperatures Read the rest of this entry »

WASHINGTON (July 2, 2009) – To properly address coastal insurance issues there must be an appropriate balance between the private insurance sector and the government that avoids encouraging risky behavior in disaster-prone areas. That is what the National Association of Mutual Insurance Companies (NAMIC) today told the House Subcommittee on Oversight and Investigations at a field hearing in West Palm Beach, Fla. titled “The Homeowners’ Insurance Read the rest of this entry »

NEW YORK (Reuters) – As hurricane season kicks off and the economic recession continues to take a toll on economies worldwide, reinsurers must make sure they are sitting on a bigger capital cushion, said executives at an insurance conference on Tuesday.

“This is the year you don’t bet the bank. You preserve capital,” said John Charman, chief executive of Bermuda-based insurer and reinsurer Axis Capital (AXS.N: Quote, Profile, Research, Read the rest of this entry »

General liability insurance should see a small increase in premium rates by next year as profits start declining, according to a study by Hartford, Conn.-based Conning Research and Consulting.

The firm said the GL commercial line, that involves about $58 billion in direct premiums written, has been profitable with industry-wide combined ratios below 100 for the past two years, but warned this positive underwriting performance is unlikely Read the rest of this entry »

General liability insurance should see a small increase in premium rates by next year as profits start declining, according to a study by Hartford, Conn.-based Conning Research and Consulting.

The firm said the GL commercial line, that involves about $58 billion in direct premiums written, has been profitable with industry-wide combined ratios below 100 for the past two years, but warned this positive underwriting performance is unlikely Read the rest of this entry »

General liability insurance should see a small increase in premium rates by next year as profits start declining, according to a study by Hartford, Conn.-based Conning Research and Consulting.

The firm said the GL commercial line, that involves about $58 billion in direct premiums written, has been profitable with industry-wide combined ratios below 100 for the past two years, but warned this positive underwriting performance is unlikely Read the rest of this entry »

General liability insurance should see a small increase in premium rates by next year as profits start declining, according to a study by Hartford, Conn.-based Conning Research and Consulting.

The firm said the GL commercial line, that involves about $58 billion in direct premiums written, has been profitable with industry-wide combined ratios below 100 for the past two years, but warned this positive underwriting performance is unlikely Read the rest of this entry »