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The agencies issued a joint proposal detailing potential substitutes for credit ratings in setting capital minimums, but officials warned that Congress' decision to eliminate them from the supervisory process may be a mistake.
August 10 -
All four rating agencies react to CNAs issuance of $500 million in senior unsecured notes; GEICO and Nationwide ratings affirmed, and State Auto Nationals ratings placed under review with negative implications.
August 10 -
Technology may some day enable cars to sense danger and avoid it, but how will this affect auto insurance?
August 9
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Industry says ongoing federal backstop is necessary to keep market functioning.
August 9 -
The financial crisis laid bare the flaws of the credit rating agencies, raising doubts about the agencies' objectivity in evaluating debt issuers that helped to fund their operations.
August 9 -
Support for the companys encryption program, CipherEngine, is designed to help simplify compliance with industry regulations.
August 9 -
The Blackberry Enterprise Server automatically captures messages sent from employees Blackberries and stores them for personal and company record.
August 9 -
Risk Management Solutions' Enterprise Grid Computing software fully integrates the RMS RiskLink modeling platform with Microsofts Windows HPC Server.
August 6 -
No one would argue that the stakes in subsea deepwater drilling are high: Currently, investors are managing up to $2.5 trillion in deepwater wells across the globe. Deepwater oil production capacity (2,000 feet or deeper) has tripled since 2000 to five million barrels a day and has the potential to double again by 2015, according to Cambridge Energy Research Associates. There are now 14,000 deepwater wells worldwide.
August 6 -
Law curtails regulator's powers, requires radical transparency.
August 6 -
As federal insurance entity germinates, insurers ask for adequate funding in letter to Treasury Secretary.
August 6 -
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A new report questions when insurer will be able to pay back Treasury for assistance.
August 5 -
Insured losses for Deepwater Horizon disaster will be between $4 billion and $6 billion, Towers Watson estimates.
August 4 -
S&P keeps MetLife on CreditWatch with negative implications, A.M. Best, Fitch and S&P all update ratings on Everest Re.
August 3 -
Survey shows parents willing to support graduated driver licensing for younger motorists.
August 3 -
NICB says there has been a 527% increase in questionable auto glass claims so far this year compared to the first half of 2009.
August 2 -
North American insurers still troubled by transfer model of risk calculation.
August 2 -
The companies will offer Mitchells SmartAdvisor bill review solution integrated with Aon iVOS claims technology to benefit the workers compensation industry.
August 2 -
The fourth annual INNovators Awards has been enhanced this year to include additional awards in three specific categories that recognize the full complement of insurance technology excellence across all aspects of the business.
August 2
