Insurance News & Info

The board of directors at Inland Marine Underwriters Association (IMUA) has voted Swiss Re America senior vice president Peter Opinante to assume the chairmanship of the board. Opinante, who served as deputy chair, fills the seat vacated by Sophia Philips … View full post on Insurance Journal » News

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Passenger ship operators should tighten up safety procedures and crew training standards to prevent a repeat of the Costa Concordia shipwreck, potentially the costliest marine insurance loss on record, shipping insurers said on Tuesday, “In the past, we have raised … View full post on Insurance Journal » News

St. Petersburg, Fla.-based LIG Marine Managers is opening a new office in Philadelphia. The office will cover businesses from the states of Pennsylvania, New Jersey, Delaware, Maryland, Virginia and West Virginia. The office will be headed by Richard Zolty, who … View full post on Insurance Journal » News

[Marketwire] – NEW YORK, NY– – Levi & Korsinsky notifies investors of Delphi Financial Group, Inc. of claims of breaches of fiduciary duty and other violations of state law against the board of directors of the Company … View full post on Yahoo! Finance: Life Insurance Industry News

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[Business Wire] – Levi & Korsinsky is investigating the Board of Directors of Delphi Financial Group, Inc. for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to a subsidiary of Tokio Marine Holdings, Inc. View full post on Yahoo! Finance: Life Insurance Industry News

A.M. Best Europe – Rating Services Limited has upgraded the issuer credit rating to “bb+” from “bb” and affirmed the financial strength rating of B (Fair) of Russia’s OJSC Transsiberian Reinsurance Corporation (Transsib Re), both with stable outlooks. Best said … View full post on Insurance Journal » News

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[PR Newswire] – DALLAS , Dec. 21, 2011 /PRNewswire/ — Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor, LLP are investigating the sale … View full post on Yahoo! Finance: Life Insurance Industry News