NAPSLO Still Pressing Uniformity: key officials at the National
Association of Professional Surplus Offices (NAPSLO) discuss
continuing implementation efforts on the Nonadmitted and Reinsurance
Reform Act (NRRA): http://www.ambest.com/v.asp?v=napslo2214
Niche Cover for M&As Growing Strong: Craig Schioppo, managing director
at Marsh USA, and Robert Brown, director of merger & acquisition
insurance at Pembroke Managing Agency/Ironshore, say insurers are
seeing great potential for transactional risk insurance, which
protects the buyers or sellers in a M&A deal: http://www.ambest.com/v.asp?v=madeals2214.
OLDWICK, N.J.--(BUSINESS WIRE)--
This episode of A.M. BestTV looks at the highlights of a Senate panel
hearing on the future of the renewal federal Terrorism Risk Insurance
Program, which is set to expire at the end of 2014. During the hearing,
insurance executives tell members of the Senate Banking, Housing and
Urban Affairs Committee that Congress should extend the program for at
least seven years. A.M. Best Washington Bureau Manager Jeff Jeffrey said
executives, such as Vincent Donnelly, president and CEO of PMA Insurance
Group, and Edward Walter, president and CEO of Host Hotels & Resorts,
who testified on behalf of the Coalition to Insure Against Terrorism,
said a permanent extension would leave the industry, as well as the
overall economy, better positioned to handle a terrorist attack. Jeffrey
said legislators mostly questioned whether the threshold at which the
federal government would be required to step in to pay for terrorism
losses should be raised as a way to protect taxpayers. Click on http://www.ambest.com/v.asp?v=tria214
to view the video program.
Additionally, this episode takes a 60-second look at some key industry
reports and research out recently.
Recent episodes of A.M. BestTV include:
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reports, targeted topics and key developments in the (re)insurance
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View A.M. BestTV episodes at www.ambest.tv.
A.M. Best Company is the world’s oldest and most authoritative
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Copyright © 2014 by A.M. Best Company, Inc.ALL RIGHTS
Jim Peavy, 908-439-2200, ext. 5644
Vice President, Public Relations
Morrow, 908-439-2200, ext. 5378
Senior Manager, Public
Source: A.M. BestTV