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Arthur J. Gallagher & Co. Acquires Canada-based Employee Benefits Broker, Consultant 27 Aug 2013 | 05:02 pm

Arthur J. Gallagher & Co. has acquired a Canada-based employee benefits insurance broker and consultant. Financial terms of the deal weren't disclosed. Dickinson & Associates Inc., based in Ottawa, .....

Ontario Government Wants Auto Rates to Fall 15% Within Two Years 27 Aug 2013 | 04:59 pm

The Ontario government is targeting in the next two years an average automobile insurance rate reduction of 15%, with an average 8% reduction by August 2014, Ontario Ministry of Finance said. The ...

Oklahoma Sees Potential in New NAIC Panel to Help Native Americans Participate in Industry 27 Aug 2013 | 04:54 pm

State insurance commissioners are looking to boost the insurance industry participation of Native American and Alaskan Tribal groups as they form a new panel to educate them about insurance ...

AIR: Germany Hailstorms May Cost Insurers up to US$2 Billion 27 Aug 2013 | 03:25 pm

Two severe hailstorm events battered Central Europe on July 27 and 28, causing possibly as much as 1.3 billion euros to 1.5 billion euros (US$1.7 billion to US$2 billion) in insured losses, according ...

NAIC Panel Resolution Pushes Congress to Reauthorize TRIA 27 Aug 2013 | 03:00 pm

A National Association of Insurance Commissioners' panel is urging congressional reauthorization of the Terrorism Risk Insurance Act. The NAIC's Government Relations Leadership Council adopted a ...

A.M. Best Affirms Ratings of Stonewall Insurance Company 27 Aug 2013 | 03:00 pm

A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of “a” of Stonewall Insurance Company (Stonewall) (Omaha, NE). The outlook for both ratings is .....

China Pacific's First-Half Net Profit Rises on Investments 27 Aug 2013 | 01:42 pm

China Pacific Insurance (Group) Co. Ltd. said its net profit more than doubled to 5.46 billion yuan (US$886 million) in the first half of 2013, supported by increases in investment income and new ...

Health Net Inc. Leads AMBG as Global Insurance Index Falls 0.53% 27 Aug 2013 | 01:39 pm

The 'AMB' (AMBG), A.M. Best's global index of 163 publicly traded insurance companies and brokers, finished at 1177.98, down -0.53% at the close of U.S. trading on Aug. 26. Leading the list was ...

BestDay Audio for Tuesday, Aug. 27: Marc McFarland and Tom Morgan on Reaching Younger Workers 27 Aug 2013 | 01:32 pm

BestDay Audio Podcast for Tuesday, Aug. 27: Tom Morgan and Marc McFarland of Adams & Knight discuss reaching younger consumers. Recent episodes of BestDay Audio include: Monday, ...

FIO's McRaith to NAIC: Report on Insurance Industry Modernization Expected in Two to Four Weeks 26 Aug 2013 | 09:25 pm

The long-awaited Federal Insurance Office report on insurance industry modernization can be expected within two to four weeks, said National Association of Insurance Commissioners' Chief Executive ...

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