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Chinese Drywall

Oil Spill, Chinese Drywall Drive Fears of Tort Spike

7/6/2010 2:06:23 PM

There are signs of tort inflation in 2010 and 40 percent of companies anticipate it, said the Insurance Information Institute (I.I.I.) in a recently released report.The report, “Tort Inflation 2010: Stability Today, But For How Long?” examines some factors

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FEMA Image

FEMA: Insurance applies if oil from spill mixes with flood waters

6/16/2010 3:47:52 PM

The Federal Emergency Management Agency has clarified that in the event of a declared flooding disaster, National Flood Insurance Program coverage will apply even if oil from the British Petroleum deep well blowout in the Gulf of Mexico is mixed with flood

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Texas image

Texas High Court Sides with Lloyd's in Contractual Liability Exclusion Case

6/9/2010 11:24:48 AM

The Texas Supreme Court has found in favor of an excess insurance provider in a case involving the contractual liability exclusion in a Commercial General Liability (CGL) policy.

In 1993, Dallas Area Rapid Transit Authority (DART) contra

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golfing

London 2010 Golf Day Outing

6/3/2010 12:35:15 PM

ARM was pleased to co host the 2010 Golf Outing day at Warley Golf on Friday 28th May 2010, with Adams, Hoefer, Holwadel & Eldridge, LLC.

The participants included golfers from Syndicates and Brokers from the Lloyd’s Market.

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Accord Image

Celebrating 40 years, ACORD looks to future of standards

5/27/2010 5:21:30 PM


LAS VEGAS—As ACORD celebrated its 40th anniversary, the organization’s president and CEO, Gregory Maciag, said its goal is to keep thinking about improving how standards are developed and how people use them.

Speaking during the ge

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Magazine Pull Quotes

 

He (Lloyd’s Chief Executive Richard Ward) went on to say that Lloyd’s is improving its claims handling capabilities that gives it “a truly competitive advantage for the market” and will prove a great benefit for customers.

Property-Casualty.com

Monday, June 14, 2010


2010 provides a great opportunity for the London market. We have proved we can adopt technology to deliver efficiency to our processing; and we have demonstrated that this can work as well in the front office as the back. Our endorsements plans will take this forward and help us deliver the sorts of benefits to our placing process that ECF has delivered in the claims arena.

Paul Jardine, Insurance Journal

Friday, January 22, 2010


North America is an important component of business for the London market, and Lloyd’s is working on improving the electronic transaction of data on both binding and open market business, and thus believes it is important to be part of this joint industry group (US Retail Agent E&S Initiative),” said Adam Stafford, senior project manager of Lloyd’s market operations.

Property-casualty.com

Wednesday, June 16, 2010


Continuing business process improvements, Solvency II and the Claims Transformation Project are just some of the issues we are helping market practitioners prepare for. During my tenure as Chairman, the LMA will continue to represent the interests of underwriters in the many issues central to achieving a profitable and appropriately regulated market.

Barnabas Hurst-Bannister

InsuranceJournal.com

Friday, May 28, 2010