The New York Legislature has passed a bill that would prevent insurers from denying claims for injury or property damage based on late notice by the claimant unless the insurer can show that it was pr
A net loss on underwriting results and poor investment results contributed to a 49.3 percent decline in net income for the U.S. property-casualty insurance sector in the first quarter of 2008, two ins
At a press conference, The Coalition Against Insurance Fraud, the National Insurance Crime Bureau (NICB) and the National Health Care Anti-Fraud Association (NHCAA) said they will share information, o
M&A activity has been unjustifiably slow, V.J. Dowling, managing partner at Dowling & Partners Securities LLC, noted here during the recent Standard and Poor's "Insurance 2008 Conference: Operating
Indeed, a bad economy is not the time to cut back on something that can help a company save money and boost productivity in the long run, said Mike Scholl, assistant vice president of claims for
In today's integrated insurance world, adjusters need to keep agents and brokers fully apprised of the status of claims in addition to their usual contact with carriers, one broker strongly advised
Michael Barrett, legislative representative for the Independent Insurance Agents and Brokers of New York (IIABNY), said that an agreement between both houses has been reached on the bill, but it still
The center, called the Guy Carpenter Asia-Pacific Climate Impact Centre, is located at City University of Hong Kong, which already conducts research on typhoons and monsoons in the Asia-Pacific region
Leveraging new technologies and rethinking traditional methods of managing and conducting business will become essential for insurance companies looking to grow in a poor economy and a challenging mar
Wolters Kluwer--which describes itself as a provider of compliance, content, and technology solutions and services--said it reviewed last year's market conduct exams from across the country and arranged