| 1. | Travelers CEO Says His Company’s Business Insurance Rates Up Over 5%
Dec 7, 2011 -- The Travelers Companies CEO Jay Fishman said at a financial conference yesterday that his company raised rates for business insurance customers by 5.2 percent in October, followed by 5.8 percent in November, according to a news report. The Wall ... |
| 2. | Want to Reduce Cyber Risk? Avoid These 25 Worst Passwords of 2011
Dec 7, 2011 -- One way to help lower personal and business cyber risk is to avoid using easy-to-crack passwords. SplashData, a password management application maker, recently compiled a list of the 25 worst passwords for the year 2011. The research results were ... |
| 3. | Iowa Man Won’t Get $10.6M Malpractice Award
Dec 5, 2011 -- An Iowa man who had been awarded $10.6 million in malpractice case won't see any of that money. The Des Moines Register reports that court precedent set while the case was awaiting its second trial prevents Dennis Cawthorn from citing his doctor's ... |
| 4. | 70 Million Drivers Missing Out on Car Insurance Savings: Insurer
Dec 8, 2011 -- More than 70 million drivers in the U.S. potentially are leaving car insurance savings on the table by not taking advantage of usage-based insurance programs that reward drivers who drive safely and during safe times of the day. More and more ... |
| 5. | Property Insurance Rates on the Rise: Marsh
Dec 2, 2011 -- Nearly half of the U.S. property insurance policies renewed in the current quarter have been at higher prices, brokerage Marsh said on Friday, adding fuel to an industry turnaround after years of declining rates. Marsh said 48 percent of property ... |
| 6. | 'MythBusters' Cannonball Rips Through House, Van
Dec 8, 2011 -- A stunt for the TV show "MythBusters'' sent an errant cannonball through a California family's house and into a parked minivan a few hundred feet away. Producers for the Discovery Channel show fired the cannonball Tuesday at the Alameda County ... |
| 7. | Fleet of Ferraris Ruined in Japan Sportscar Pileup
Dec 6, 2011 -- An outing of luxury sportscar enthusiasts in Japan ended in an expensive freeway pileup -smashing a stunning eight Ferraris, a Lamborghini and two Mercedes - likely worth more than $1 million together. Police say they believe the accident Sunday ... |
| 8. | Graduated Driver Licensing Could Save 2,000 Lives, $13.6 Billion: Study
Dec 7, 2011 -- If all states implemented comprehensive graduated driver licensing (GDL) laws, an estimated 2,000 lives could be saved. Further, if all 50 states were to enact comprehensive GDL laws, it could generate savings of $13.6 billion per year. That's ... |
| 9. | Do Actuarial Models Influence P/C Underwriting Cycle?
Dec 9, 2011 -- Property/casualty insurance is noted for the sharp rise and fall of its rates – the underwriting cycle. As actuaries have developed more sophisticated statistical and computer models to help understand complex insurance problems, what has been ... |
| 10. | Markel to Acquire Program Administrator Thomco
Dec 7, 2011 -- Richmond, Virginia-based specialty insurer Markel Corp. is acquiring Thompson Insurance Enterprises, a national program administrator that does business as Thomco. Headquartered in Kennesaw, Georgia, Thomco manages 20 national programs including ... |
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