All Insurance News articles – Page 14
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US House Financial Services Committee passes TRIREA
But Act doesn't win approval from Bush administration
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Marsh buys Heath Lambert Finland Oy
Marsh will take on the employees of HLF Oy, including its offices in Pori and Turku
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HSBC insures foxhunters against cost of court action
Insurance covers illegal hunters legal costs and expenses
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Appeal court extends employers’ liability in slip claims
Court of Appeal awards care assistant damages for injuries she sustained when she slipped on a wet floor
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Relief for employers as EU health and safety challenge fails
European Court of Justice finds in the UK's favour and dismisses EC legal challenge
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FSA publishes feedback on private equity risks
The FSA has examined the impact that growth and development in the private equity market, has on the FSA's regulation of the UK's wholesale markets
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Lack of IT preparedness for contract certainty
Only 20% have moved to primary electronic document storage
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Incentivising continuity planning
Insurers and brokers failing to assist companies in business continuity planning
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European Round-up
Uninsurable environmental risks
FERMA is calling on insurers to be less 'risk averse' and develop products that will allow businesses to protect themselves against new exposures to liability for environmental impairment that they ma
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Analysis
Terrorism cover for NCBR
Catlin Insurance Company Ltd, Bermuda, has developed an insurance/reinsurance product which restricts cover to NCBR events which occur in a specific geographic area. It claims that this restriction allows provision of greater capacity at more reasonable pricing levels.The Catlin coverage can be used to supplement individual countries' national terrorism insurance ...
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Analysis
Companies pay less for recall cover
A new report, Managing liability in the food and beverage sector, says that a survey of 232 companies across Europe showed that organisations have responded to this drop by increasing the amount of limits purchased (20% more than in 2004). While the market is currently soft, the report says that ...
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Analysis
Personal injury claims database
Insurance Services Office (ISO) Limited has launched a personal injury claims database for local authorities, aimed at helping the 85% of local authorities that are experiencing a significant rise in
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Analysis
Environmental claims increase
Environmental claims are increasing in terms of both frequency and magnitude of loss, and this trend looks set to continue, according to insurers surveyed in the latest Willis Index for Environmental
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AIRMIC Portfolio
Market responds to risk managers' concerns
AIRMIC's regular survey of its members indicates a stable or slightly weakening insurance market, a good level of satisfaction with brokers' disclosure of their remuneration and optimism about achievi
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AIRMIC Portfolio
Catastrophe and contract uncertainty
Contract certainty - the ability of insurer, loss adjuster and policyholder to know the wording of a policy when there is a major loss - emerged as a pivotal issue during the presentations to a joint
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AIRMIC Portfolio
Issues have not gone away
Now that companies will have gone through at least one insurance renewal since broker remuneration became such a contentious issue, AIRMIC would like members to share their experience, says chairman Peter Berring."We still need to see clarity on the issue of contingent revenue," he comments. "It has certainly not gone ...
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Features
UK fire regulations may require a new approach
Is current industry practice in fire risk assessment enough to meet the forthcoming regulation in this area? Not according to Dr Jason Clement, who says companies are missing out on the full benefits
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AIRMIC Portfolio
Growing rehabiliation
AIRMIC is expanding the activity of its rehabilitation group, which promotes an active approach to staff welfare The group, which has previously met on an informal basis, has elected David Ireland as
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Analysis
Insurers are delivering says Hurzeler
The US hurricanes are providing the insurance industry with the opportunity to deliver on the promises it has made
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AIRMIC Portfolio
Contract certainty
Contract certainty - the issues around insurance documentation - is important to commercial insurance buyers, and AIRMIC has organised a series of roadshows on the subject for its members in November