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Low Levels of Oxygen Detected in Deadly New York Manhole
Oxygen levels were dangerously low in a Tarrytown, New York manhole where a sewer worker collapsed and died and a firefighter died trying to save him, a fire department official said. Autopsies ...
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Keystone Insurers to Enter Tennessee Market
Keystone Insurers Group, with more than 215 franchise partners in six states, today announced it will expand into Tennessee early next year. The privately held company is owned by its employees ...
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Ironshore Partners with Palmer & Cay on Timberlands Insurance Program
Ironshore Inc. has launched a Timberlands Insurance Program designed by Palmer & Cay, LLC for institutional timber tract owners and managers. Ironshore will underwrite a portfolio of policies ...
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Full Disclosure of Medical Errors Lowers Liability Costs, Study Finds
Full disclosure of medical errors including compensation for them can lower defense and overall liability costs for medical providers, according to a new study. While many medcial providers today ...
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Halliburton, Transocean Reject BP's Claims; Court Battles Loom
BP Plc and its Gulf of Mexico oil well partners traded blame Wednesday after an internal BP investigation tried to downplay the company's role in the world's biggest offshore spill. The 193-page ...
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S&P Examines Effects Of Chilean Earthquake on Reinsurers
A study published by Standard & Poor's Ratings Services – entitled: "Reinsurers Foot The Bill For Chilean Earthquake Losses" – indicates that the global reinsurance industry has ...
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RMS Analyzes New Zealand Earthquake Insured Losses
Risk Management Solutions has stated that, based on its analysis of the area exposed to the New Zealand earthquake, it "currently expects that approximately 60-70 percent of the insured loss will ...
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S&P Examines Reinsurers Reconsideration of Domicile Decisions
Global reinsurance companies are reconsidering their choices of corporate domicile, according to a new report from Standard & Poor's Ratings Services, titled "Choosing A Domicile Remains A Hot ...
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Best Affirms Alterra's 'A' Ratings
A.M. Best Co. has affirmed the financial strength rating (FSR) of 'A' (Excellent) and issuer credit ratings (ICR) of "a" of the operating company, Alterra Bermuda Limited (formerly Alterra ...
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Willis India to Appeal Insurance Regulators' Decision on License
Willis Group Holdings announced today that it will appeal a decision by India's Insurance Regulatory & Development Authority (IRDA) that it is "not inclined to accept" the license renewal ...
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PartnerRe to Repurchase Up To 7 Million Common Shares
PartnerRe Ltd. announced that its Board of Directors has approved a new share repurchase authorization up to a total of 7 million common shares, effective immediately. "This replaces the prior ...
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Best Reports Healthy Earnings 'Mask Challenges' for Global Reinsurers
A special report from A.M. Best concludes that "robust earnings reports mask challenges ahead for the global reinsurance industry: a convergence of market pressures, low interest rates and ...
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Australia Regulator Blocks NAB's $12 Billion AXA Asia Pacific Bid
Australia's competition regulator has again blocked National Australia Bank's $12 billion bid for AXA Asia Pacific, dealing a blow to NAB's 9-month efforts to cement its dominance in the world's ...
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Aon Benfield Appoints Van Slooten to Head International Research Team
Aon Benfield has appointed Mike Van Slooten as head of the International Research team, which monitors and analyzes reinsurers and market trends. He will be responsible for "organizing market ...
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Wylie Insurance Joins The Iroquois Group
Wylie Insurance of Modesto, Calif., has joined The Iroquois Group. According to agency principal Alisa Bierria-Wylie, Wylie Insurance was founded in 2007 and offers auto, home, life, health, ...
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