Sentences with phrase «casualty insurers»

Property and casualty insurers endured a challenging 2017 with continued competitive market fundamentals and sharp increases in natural catastrophe losses.
Yapian had taken out the policy from DB Insurance — one of South Korea's four largest property - and - casualty insurers — just weeks before the December hack that resulted in the theft of 17 percent of Youbit's total assets and plunged Yapian into bankruptcy.
DB Insurance — one of South Korea's four biggest property and casualty insurers and the company that holds South Korean cryptocurrency exchange Youbit «s policy — has denied a claim that the exchange filed after a hack in December of last...
Company profitability, especially property and casualty insurers, is impacted by external conditions such as weather and natural disasters.
* The National Association of Insurance Commissioners (NAIC) 2012 market share data for life - fraternal & property - casualty insurers.
In the United States, property and casualty insurers typically use similar or even identical language in their standard insurance policies, which are drafted by advisory organizations such as the Insurance Services Office and the American Association of Insurance Services.
Farmers Insurance Group has a long and reputable history as one of the top property & casualty insurers in the nation.
Several large property and casualty insurers faced a customer backlash in the weeks following the flooding that ravaged Southern Alberta, as neighbouring homes with various insurance providers received different levels of coverage for repairs.
About ACE: ACE Group is one of the world's largest multiline property and casualty insurers.
We count over 5 0 of the top accident, health, property and casualty insurers among our valued pool of clients.
RMIIA is a non-profit insurance communications organization that represents property and casualty insurers in Colorado, New Mexico, Utah and Wyoming.
The company also serves as an outsource provider for in - bound call centre services and claims administration for health insurers, property and casualty insurers and credit card companies.
Get a free life insurance quote from these companies - here * The National Association of Insurance Commissioners (NAIC) 2012 market share data for life - fraternal & property - casualty insurers.
The company also serves as an outsource provider for in - bound call center services and claims administration for health insurers, property and casualty insurers, and credit card companies.
Hundreds of U.S. property / casualty insurers provide coverage to small businesses.
Property and casualty insurers are free to obtain authorizations from individuals for release by covered entities of the health information that the insurers need to administer claims, and this rule does not affect their ability to condition payment on obtaining such an authorization from insured individuals.
Property and casualty insurers providing payment on a third - party basis have an opportunity to obtain authorization from the individual and to condition payment on obtaining such authorization.
With regard to life and casualty insurers, we understand that such benefit providers may use and disclose individually identifiable health information.
In addition, we agree that workers» compensation insurers, property and casualty insurers, reinsurers, and stop - loss insurers are not covered entities, as they do not meet the statutory definition of «health plan.»
We believe that the final rule permits property and casualty insurers to obtain the protected health information that they need to maintain their promises to their policyholders.
Consistent with the other titles of HIPAA, our proposed definition did not include certain types of insurance entities, such as workers» compensation and automobile insurance carriers, other property and casualty insurers, and certain forms of limited benefits coverage, even when such arrangements provide coverage for health care services.
Representing a number of property and casualty insurers; insurance litigation practice includes professional liability and coverage disputes.
We represent major domestic life and casualty insurers, international underwriters and self - insureds, as well as multimillion - dollar corporations and business policyholders.
Defense of numerous life, health and casualty insurers in individual sales practice litigation and class actions.
Sompo, one of Japan's biggest property and casualty insurers, is selling the business to a private equity consortium led by Centerbridge Partners.
Key clients: One of Canada's largest oil and gas companies; international construction company; electric generation regulator; large property and casualty insurers; major property developers; one of the major grocery retailers in North America
Successfully represented a group of property and casualty insurers in a coverage and bad faith lawsuit in Houston, Texas, in which the insureds sought more than $ 100 million for alleged business interruption losses, costs associated with defense of toxic tort suits, Superfund project costs, and bad faith damages, all arising from the insureds» operation of a California landfill deemed to have polluted a key source of drinking water for the Los Angeles area.
Guidewire is a California - based software company that offers solutions across the insurance life cycle used by more than 200 property and casualty insurers around the world.
Every year, ISO Property Claim Services, which does research and risk consulting for property and casualty insurers, measures insured losses in the United States due to natural catastrophes.
But look at the evidence of those closest to bearing the real costs: private US insurers — those who place real bets indemnifying against property loss — unlike the supposedly more serious scientists — are unmoved by ACW: «The American Insurance Association, which represents 400 property and casualty insurers, says the debate about global warming has not been resolved.
«For property and casualty insurers, climate change represents an important challenge because the rising seas, the increased risk of drought, fire and floods, and the stronger storms that may occur will have a huge impact on the claims of the people insured.»
We count over 5 0 of the top accident, health, property and casualty insurers among our valued pool of clients.
Generali Global Assistance counts more than 50 of the top accident, health, property and casualty insurers among the clients that utilize their assistance services — in addition to their own travel insurance business unit.
Float — ordinarily, property - casualty insurers lose money on operations, but make it up on investing the funds that exist because of the delay in time between premium payments and claims.
Intact Financial Corp., one of Canada's largest property and casualty insurers, says it has raised premiums by 15 to 20 per cent during the past few months as catastrophic losses and weather - related claims have risen.
In my own case, I got derided by peers in early 2000 by owning a lot of property / casualty insurers, particularly my own company, The St. Paul (now part of the Travelers).
Some observers suggested that life and personal property / casualty insurers might be bought by banks because of investment and product marketing synergies.
Then there was a CEO who suggested that many specialty casualty insurers he competed against had underinvested in claims control.
Let long dated assets that want debt financing be financed by REITs, pension plans, endowments, long - tail casualty insurers, and life insurers.
Ellen Melchionni, president of the New York Insurance Association, which represents property and casualty insurers, argued that insurance companies need to maintain an surplus to pay future claims — and that allowing an insurer to operate in the red is «incredibly risky.»
«Allowing a medical malpractice insurer to operate in the red is terribly risky,» said Ellen Melchionni, president of the New York Insurance Association, which represents property and casualty insurers.
May 04 — Lawsuits against property and casualty insurers with the largest market shares in Florida increased sharply in the first quarter of 2018 compared with the same period last year, and Hurricane Irma claims are to blame, insurers say.
Its current ROIC of 43 % ranks highest of the 45 property and casualty insurers we cover, and since 2007 it's only earned an ROIC below 20 % once, in 2007.
General Re has a similar business model, providing reinsurance to the life / health insurance industry, as well as to property / casualty insurers.
«We're trying to get them some money right now, get their claim started, and basically make things as easy as possible for them and make sure they're in a safe place,» says Rosa Nelson, a spokesperson for Intact Insurance, Canada's largest property and casualty insurer.
Employees feel «a sense of purpose and responsibility» at this Midwestern casualty insurer.
Desjardins Group recently expanded significantly outside Quebec, notably with the acquisition of State Farm's Canadian operations, which closed Jan. 1 and made you Canada's second - largest property and casualty insurer.
French insurance giant AXA is getting even bigger with a purchase of property and casualty insurer XL Group in a deal worth more than $ 15 billion.
North Pointe, a not - all - that - well - known property - casualty insurer has sold out to QBE of Australia.
Now, think of a life insurance company, a long - tailed casualty insurer or a defined benefit pension plan.
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