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June 04, 2009
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New Analysis Provides Roadmap for Teen Driving Laws

by NAMIC - Jun 04,2009

The following is a statement for attribution to Vernon F. Betkey Jr., chairman of the Governors Highway Safety Association: The Insurance Institute for Highway Safety released May 7 a new analysis of teen driving laws and their effectiveness at reducing crashes. ... [full story]

Reinsurers should preserve capital amid bigger risks

by Reuters - Jun 04,2009

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 ... [full story]

Colorado State forecasters lower Atlantic hurricane prediction

by Reuters - Jun 04,2009

MIAMI — The Colorado State University forecast team reduced its 2009 Atlantic hurricane season forecast Tuesday to 11 tropical storms, of which five will become hurricanes. In its April forecast, the noted CSU team founded by forecasting pioneer Bill Gray, said ... [full story]

Reinsurance Association Says U.S. Premium Writing Up 3%

by National Underwriter - Jun 04,2009

Reinsurance Association of America members in the first quarter saw net premiums written increase nearly 3 percent compared with same period in 2008. However, profitability is another story, as 10 of the 19 members of the reporting group saw net income ... [full story]

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