Archive for February, 2009

Depositors still keep their money in RP despite partial insurance coverage (GMA News)

By: Administrator
Published: February 23rd, 2009
MANILA, Philippines - Bank customers have kept their money in the Philippines even as some countries have expanded their deposit insurance coverage to 100 percent.

Oman JV Settles Insurance Claim for Jebel Hafit Blowout (Rigzone)

By: Administrator
Published: February 23rd, 2009
Indago announced that a settlement has been reached on its insurance claim in relation to the underground blowout suffered at the Al Jariya well on the Jebel Hafit prospect in February of 2008.

Private health insurance rebate debate (Sky News Australia)

By: Administrator
Published: February 23rd, 2009
Treasury has advised the federal government to dump rebates for private health insurance.

Michigan’s Citizens Insurance Awards 11 Students Scholarships (Insurance Journal)

By: Administrator
Published: February 23rd, 2009
Citizens Insurance Co. of America, through its parent company's foundation, The Hanover Insurance Group Foundation, Inc., has awarded 11 scholarships to public high school students and children of ...

AmWINS Insurance Brokerage Makes Two California Appointments (Insurance Journal)

By: Administrator
Published: February 23rd, 2009
Chris Pope has joined AmWINS Insurance Brokerage of California's Santa Ana office as vice president and casualty broker. He has experience in the wholesale brokerage industry, with 20 years of ...

Hard times boost insurance uptake (Stuff)

By: Administrator
Published: February 23rd, 2009
Demand for life insurance has increased strongly as New Zealanders look to protect themselves at a time of economic uncertainty, industry figures show.

BSP: P1-M deposit insurance unnecessary (Philippine Daily Inquirer)

By: Administrator
Published: February 23rd, 2009
The central bank, Bangko Sentral ng Pilipinas (BSP), said the proposed increase in deposit insurance to P1 million would likely create “moral hazards” in the banking system.

Directors and officers liability insurance providers (2009) (Business Insurance)

By: Administrator
Published: February 23rd, 2009
The Directory of Directors and Officers Insurance Providers lists companies that provide D&O insurance on either an admitted or nonadmitted basis. Published February 23, 2009

Insurance.com Announces New CEO (Centre Daily Times)

By: Administrator
Published: February 23rd, 2009
Insurance.com, the leading online independent auto insurance agency in the United States, today announced that its Board of Directors has appointed Robert Klapper as its new Chief Executive Officer. Rob succeeds CEO and founder Dave Roush, who will remain Chairman of the Board and serve as a strategic advisor to the company during the transition.

Scheme working well in insurance, banking (Business Standard India)

By: Administrator
Published: February 23rd, 2009
If numbers are anything to go by, then the banking and insurance ombudsmen seem to be working well. They have disposed of around 85 per cent of the complaints they received each year.

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