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Competitive Pressures Mount for Reinsurers

Fri, 19 Sep 2014 11:12:29 +0000

Reinsurers are being squeezed by price competition and subdued demand from insurers for their products, and traditional mergers may not be enough to save those that lack either global reach or specialized focus. Medium-sized, ‘me-too’ reinsurers are ripe for consolidation, …

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Litmus Analysis’ Stuart Shipperlee Explains Current Re/Insurance Ratings

Fri, 19 Sep 2014 10:40:11 +0000

As the former head of A.M. Best in London, and a senior executive with Standard & Poor’s, Litmus Analysis Senior Partner Stuart Shipperlee has a very complete knowledge of what re/insurance company ratings are, and, perhaps more importantly, what they …

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Mass. Gov. Takes Issue With Report Pegging ACA Costs at $1B

Thu, 18 Sep 2014 23:59:52 +0000

Massachusetts Gov. Deval Patrick is sharply criticizing a report that puts a price tag of about $1 billion on the implementation of the federal Affordable Care Act in Massachusetts. The Pioneer Institute, a conservative-leaning think tank, said in a report …

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California Governor Signs Bill Earthquake Insurance Information Bill

Thu, 18 Sep 2014 23:43:12 +0000

Gov. Jerry Brown has signed Assembly Bill 2064, a bill aimed at changing the way Californians learn about earthquake insurance for their homes. Under California law, insurers that sell residential property insurance also must offer earthquake coverage to their policyholders. …

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