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News For: Small business InsuranceSatellite Insurance Rates Driven by Capacity, Not Track Record Insurance underwriters and brokers said the market remains healthy despite the fact that claims slightly exceeded premiums in 2007. They said they discriminate among launch vehicles and satellite designs when they can to reflect manufacturers' different success rates, but that the market remains too small to overturn the general principle that the most reliable designs in effect subsidize the ... 23-09-2008: PacMas��� sale of insurance arm still on track KUALA LUMPUR: PacificMas Bhd is still keen on divesting its insurance business despite the failed talks with OSK Holdings Bhd. Negotiations between the two parties were called off last Friday because they could not agree on the pricing. Delos Insurance Group Appoints Shettle as Chairman Delos Insurance Group, a leader in program business insurance, today announced the appointment of John Shettle as Non-Executive Chairman of the Board of Directors, effective immediately. He succeeds Detlef Steiner whose retirement was announced in July 2008. Locals concerned AIG bailout could hike business premiums The federal government's $85 billion bailout of insurance giant American International Group Inc. could eventually push insurance rates higher for Florida businesses, according to industry observers. Ike Gives Insurance Locals Their Own Issues HOUSTON--Work is not easy for insurance people in Houston. It involves the juggling of personal crises, some dire, with clients' business exigencies, some just as dire. Maryland's IWIF Forms Public Entity, Direct Business Team Maryland's IWIF Workers' Compensation Insurance recently formed a strategic business team to support its public entity and direct business, which includes approximately 7,400 accounts. The 22-mem Genworth Financial Schedules U.S. Mortgage Insurance Investor Call Genworth Financial, Inc. will hold a conference call on September 25, 2008 at 4:30 p.m. to provide an update regarding its U.S. Mortgage Insurance business. The material for this call will be posted on the company's website at approximately 4:00 p.m. . WIBA board of directors decides to continue insurance offering, despite member concerns The Wichita Independent Business Association will continue to offer lines of business insurance through a member, even though a group of independent insurers say the offering is unfair and puts them in competition with WIBA. Delos Insurance Group Appoints Shettle as Chairman NEW YORK----Delos Insurance Group, a leader in program business insurance, today announced the appointment of John Shettle as Non-Executive Chairman of the Board of Directors, effective immediately. Insurance Broker/Charity Exec Quits; Lawyer Says He's Innocent The top executive of a Utah-based children's charity has resigned, the same day he was in court on felony charges related to his insurance business. James Larry Hall II was president and CEO of Chi |