From the monthly archives:

October 2012

In the above interview with Insurance Journal, Alan Jay Kaufman, chairman, president and CEO of wholesale broker Burns & Wilcox, says that he doesn’t expect to see any significant turn towards a hard insurance market — or even any real “firming” — until the economy turns around. (via Insurance Journal) To Kaufman, the current state of the [...]

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The head of Italy’s disaster-warning committee, Luciano Maiani, has resigned in protest over the sentencing of seven of the organization’s members for underestimating the risks of a deadly 2009 earthquake. The commission’s vice president, Mauro Rosi, and president emeritus, Giuseppe Zamberletti, also resigned. The April 2009 earthquake rocked the central Italian town of L’Aquila, killing 309 [...]

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Flight, a movie starring Denzel Washington as a pilot who makes a harrowing landing to save a planeload of a passengers, will open nationwide on November 2. While the inspiration for the Robert Zemeckis-directed film was certainly Sully Sullenberger’s famous landing in the Hudson, the movie is fiction and fortunately threatened the lives of no [...]

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Due mostly to much lower catastrophe losses, the property/casualty insurance world was much more profitable in the first six months of 2012 than it was in the first half of 2011. Dr. Robert Hartwig, president of the Insurance Information Institute, stopped by WRIN TV to discuss these results and what affect they might have on [...]

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