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NAIC paint a picture of 2013

US state insurance departments received more than 260,000 official complaints and 2.1 million inquiries in 2013, according to the first volume of the 27th edition of the Insurance Department Resources Report (IDRR)...

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Allianz Global hires financial institutions underwriter

Allianz Global Corporate & Specialty has appointed Hayden Baker as senior financial institutions underwriter of its regional unit in London...

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Josh Magden to Texas Captive Insurance Association board

Josh Magden, of Sage Advisory Services, has been appointed to the board of directors of the Texas Captive Insurance Association...

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May weather costly for US insurers

US insurers have suffered aggregate insured losses estimated at more than $1 billion, despite subdued US tornado season, according to Aon Benfield’s Impact Forecasting catastrophe report...

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William Wood to join CTC

William Wood has joined CTC Insurance Management as COO...

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Toyota captive gets an A

A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of “a” of Toyota Motor Insurance Company...

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NAIC get property risk education

Members of the National Association of Insurance Commissioners (NAIC) have attended a training programme on property risk mitigation at the Insurance Institute for Business and Home Safety’s (IBHS) Research Center in Richburg, South Carolina...

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US health insurance continues growth

US health insurance stocks followed up a fantastic year in 2013 by increasing an additional 3.5 percent through Q1 2014, according to a new report from A.M. Best...

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Barbican establishes E&O consortium

Barbican Insurance Group has set up a new technology errors and omissions (E&O) consortium...

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GC briefing highlights competition

Downward pressure on reinsurance pricing has increased since the 1 June 2013 renewal due to continued competitive pressure from alternative markets, strong reinsurer balance sheets and low loss experiences, according to Guy Carpenter & Company LLC...

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Everest Re appoints BNY Mellon

BNY Mellon has been appointed indenture trustee, reinsurance trustee, registrar and paying agent for the $450 million Kilimanjaro catastrophe (cat) bond transaction sponsored by Everest Re...

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JLT Towers Re appoints Steve Dimaria

JLT Towers Re is to appoint Steve Dimaria as senior vice president with responsibility for Canadian Agriculture...

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