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by National Underwriter - Jun 01,2009
Offshore energy operations are facing Monday’s hurricane season start with big coverage problems including deep cuts in capacity and huge premium increases, an insurance broker said.
Bertil Olsson, energy leader for Marsh’s U.S. Energy, Mining and Power Practice, said during a ... [full story]
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by BusinessInsurance.com - Jun 01,2009
There are signs that business conditions for U.S. commercial lines insurers are improving, though a full-scale economic turnaround “is still a long way off,” Standard & Poor's Corp. said in a Thursday report.
Separately the rating agency said U.S. and Bermuda ... [full story]
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by The New York Times - Jun 01,2009
A study of car safety released on Wednesday shows that four of the top-scoring automobiles in tests of five new models were small cars or so-called super-minis — including the Honda Jazz, Hyundai i20, Kia Soul and Peugeot 3008.
The ... [full story]
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by MiamiHerald.com - Jun 01,2009
Hurricanes may flood entire cities, rip off roofs and level trees every year, but when it comes to overcoming public apathy, they're stunningly powerless. Two-thirds of residents in Florida and other coastal states feel no threat from storms. More than ... [full story]
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by BizReport - May 29,2009
The study, Consumer Mobile Messaging Habits Report, finds that Tennessee drivers are most likely to be found texting and driving (42% text and drive), while drivers in Arizona are least likely to be found texting and driving (18%). There are ... [full story]
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by USATODAY.com - May 29,2009
WASHINGTON — Drip, drip, drip come the studies one after another, reinforcing the threat to the Northeast from rising sea levels along the U.S. and Canadian east coast.
If Greenland's ice melts at moderate to high rates, ocean circulation by 2100 ... [full story]
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by National Underwriter - May 29,2009
A coalition of environmental and conservative groups, backed by a consortium of insurance interests, says it will fight legislation to create a federal catastrophe insurance pool.
An official from the Sierra Club and a member of the conservative public policy think ... [full story]
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by Reuters - May 29,2009
NEW YORK, May 27 (Reuters) - U.S. mortgage insurers remain on track for a difficult second half with operating results across the sector likely to be a lot weaker than expected, Standard & Poor's said on Wednesday.
The agency downgraded the ... [full story]
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by Insurance Networking News - May 28,2009
Given the enormity of the financial crisis, a predisposition toward bold legislative action among lawmakers seems natural. Yet, a measured, surgical response that takes into account the peculiarities of insurance while recognizing its central place in the financial services industry ... [full story]
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by National Underwriter - May 28,2009
Rates in the transportation insurance segment continued to level off through the 2009 first quarter, even as the number of new entrants increased, according to a new survey.
That finding came from a poll by Woodbridge, N.J.-based NIP Group, a specialty ... [full story]
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