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Insurance News 05/2009 (Page 7)

Hurricane insurance getting pricier, if you can get it at all (The Columbus Dispatch)
CHARLOTTE, N.C. -- As the 2009 hurricane season arrives, many homeowners are finding insurance is either more expensive or harder to get.

Al Elm participates in the 3rd Saudi Insurance Conference (AME Info)
Al Elm Company, which is a leading Saudi company that provides safe electronic solutions in Saudi Arabia, has participated in the 3rd Saudi Insurance Conference held in Riyadh from 17th to 20th May.

PDIC sets floor for deposit insurance fund (BusinessWorld Online)
THE PHILIPPINE Deposit Insurance Corp. (PDIC) has set a limit on how low its deposit insurance fund can get to ensure the public is protected in case of a widespread collapse of the country's financial system.

BSP evaluates rural banks' proposal to sell insurance (GMA News)
The organization of the country's rural banks wants to sell insurance products similar to what the bigger banks are doing but the Bangko Sentral ng Pilipinas said the smaller banks could not afford the equity provision.

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