A report from A.M. Best says insurance regulators in developing nations need better data and stricter risk-based supervisory models to preserve solvency as the markets in these countries grow.

A report from A.M. Best says insurance regulators in developing nations need better data and stricter risk-based supervisory models to preserve solvency as the markets in these countries grow.

Lloyds says its 2012 half-year net income more than doubled compared to last year because of benign catastrophe activity, but the insurance market warned that loss events in the second half of the year could still weigh on year-end results.

Lloyds says its 2012 half-year net income more than doubled compared to last year because of benign catastrophe activity, but the insurance market warned that loss events in the second half of the year could still weigh on year-end results.

Prescription opioids are a major reason for the skyrocketing cost of workers compensation insurance, as evidence points to harmful consequences from the long-term use of the medication, says a report from insurance broker Lockton.

Prescription opioids are a major reason for the skyrocketing cost of workers compensation insurance, as evidence points to harmful consequences from the long-term use of the medication, says a report from insurance broker Lockton.

As the reinsurance industry finds itself changing to meet the growing demand for cedents expanding appetite for risk, a study questions whether current underwriting practices could one day expose reinsurers to a financial debacle.

Rating factors that have little to do with an individuals driving abilities appear to have considerable bearing on the price consumers pay for auto insurance, a report from Consumer Federation of America asserts.