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Citizens Property Insurance gets approval to raise rates

Tampa Tribune (Fla.), The | 1 hour ago

Florida has OK'd rate increases for the state-backed Citizens Property Insurance Corp.... (more)


Dad's Army fighting funds war for who?

Sydney Morning Herald (Australia), The | 1 hour 50 minutes ago

John Coates is the Captain Mainwaring of Australian sport. The Australian Olympic Committee boss has assembled a Dad's Army determined to keep the lion's share of the Federal Government's sports dollar in the right hands - their own. - Sydney Morning Herald Online... (more)


Fla. commissioner OKs Citizens Property rate hikes

Miami Herald, The | 5 hours 37 minutes ago

TALLAHASSEE, Fla. -- More than 15,000 mobile home owners insured by state-backed Citizens Property insurance Corp. will see an 11 percent increase on their insurance policies in 2010.... (more)


Florida regulators approve 11 percent hike for some mobile home owners insured by Citizens -- South Florida Sun-Sentinel.com

Sun-Sentinel (Fort Lauderdale, Fla.) | 7 hours 2 minutes ago

TALLAHASSEE, Fla. (AP) — More than 15,000 mobile home owners insured by state-backed Citizens Property insurance Corp. will see an 11 percent increase on their insurance policies in 2010.... (more)


Fla. Raises Citizens Rates For High Risk Properties

National Underwriter | 9 hours 44 minutes ago

Florida Insurance Commissioner Kevin McCarty announced he had signed an order increasing rates for the state-created insurer of last resort's high risk accounts to make them financially adequate. ... (more)


McGavick Urges Fellow P&C Leaders To Speak Up In D.C. To Defend Industry

National Underwriter | 11 hours 45 minutes ago

Congress can learn lessons from insurers in how to improve regulation, says XL CEO... (more)


Citizens high-risk rate hike approved

American City Business Journals | 11 hours 46 minutes ago

Florida homeowners living in areas that are at the highest risk for hurricanes can expect an average increase of 5.... (more)


Swiss insurers call for simpler solvency regulation

Business Insurance | 12 hours 25 minutes ago

Switzerland's insurers need local regulation to be harmonized with international standards and improved access to European Union markets to boost growth, executives said on Friday.... (more)


Best Affirms Balboa and Group Members 'A' Ratings

Insurance Journal | 15 hours 32 minutes ago

A.M. Best Co. has affirmed the financial strength ratings (FSR) of 'A' (Excellent) and issuer credit ratings (ICR) of ?a? of Balboa Insurance Group and its P/C members: Balboa Insurance Company (BIC), Meritplan Insurance Company (both of Irvine, CA), Newport Insurance Company (Phoenix, AZ) as well as BIC?s stand alone subsidiary, Newport E&S Insurance Company (Newport E&S) (Plano, TX). The outlook for all of the ratings is stable.... (more)


Best Affirms Ratings of Assurant and Its Subsidiaries; Several Upgraded

Insurance Journal | 15 hours 32 minutes ago

A.M. Best Co. has affirmed the financial strength ratings (FSR) and issuer credit ratings (ICR) of the P/C and life/health insurance subsidiaries of Assurant, Inc. Best also affirmed the ICR of ?bbb? and debt ratings of Assurant.... (more)


Operator News in Brief - 20th Nov 2009

cellular-news (U.K.) | 15 hours 48 minutes ago

Armenian mobile network operator, VivaCell-MTS is to build its own fiber-optic backbone network, and had rented capacity on the existing network built by GNC-Alfa laid between Yerevan and Armenian-Iranian border. GNC-Alfa will provide operation and maintenance of the acquired fibers.... (more)


Fairfax cites cost, focus in delisting from NYSE

Globe and Mail (Toronto), The | 18 hours 52 minutes ago

Fairfax Financial Holdings Ltd. is delisting from the New York Stock Exchange, having decided that the expense and hassle of being listed in the United States outweigh the benefits... (more)


NOVEMBER 20, 2009, 12:23 A.M. ET Edelweiss Capital, Tokio Marine Sign Life Insurance JV

Barron's (subscription required) | 23 hours 45 minutes ago

MUMBAI -- Edelweiss Capital Ltd. said Friday it has signed a joint venture agreement with Japan-based Tokio Marine Holdings Inc. to start a life insurance business.... (more)




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