The National Insurance Crime Bureau (NICB) has raised its estimate for insured vehicles damaged during Superstorm Sandy by more than 20,000, with New York state accounting for the bulk of the increase.
Farmers Group Inc. has created two new positions and expanded the roles of five senior managers to enable the insurer to more effectively respond to customers and better align its leadership team around its core businesses, according to CEO Jeff Dailey.
Denials and delays with Superstorm Sandy commercial claims are as inevitable as death and taxes, an attorney says, noting that Sandy is a complicated loss event, requiring policyholders to be proactive.
Denials and delays with Superstorm Sandy commercial claims are as inevitable as death and taxes, an attorney says, noting that Sandy is a complicated loss event, requiring policyholders to be proactive.
Martin Sullivan, the deputy chairman of Willis Group Holdings and chairman and CEO of the Willis Global Solutions unit, will leave the firm in May, the broker said today.
The president of Travelers says the increased severity of weather events is forcing the company to increase rate over the long term, regardless of whether or not the climate is changing.
The president of Travelers says the increased severity of weather events is forcing the company to increase rate over the long term, regardless of whether or not the climate is changing.
Insurance broker Willis Group Holdings says it plans to eliminate 200 full-time positions after reporting a fourth- quarter net loss of more than $800 million due to charges and tax.