The Chubb Corp. and attorneys general of New York, Connecticut and Illinois announced today that the company would pay $17 million to resolve an investigation of customer steering, improper finite rei
The manufacturer said ACE was one of a number of insurers sued in New Jersey in 1995 by the company seeking damages and relief and indemnity for U.S. asbestos claims under policies issued to CSR from
In 2005, Mr. Harring founded Claim Diagnostics, a consulting firm specializing in property-casualty insurance claims operations. Prior to establishing his own consulting firm, he served as executive v
Aon brokerage said it plans to acquire Valley Oak Systems of San Ramon, Calif., a software developer for claims management, and combine it with the company's risk management operation. Financial terms
Aon brokerage said it plans to acquire Valley Oak Systems of San Ramon, Calif., a software developer for claims management, and combine it with the company's risk management operation. Financial terms
How long will carriers be able to hold out as prices begin sliding down the softening market's slippery slope? That's the question posed by NU Editor In Chief Sam Friedman. Go to Sam's blog at www.pro
Many risk managers are doing their best Alfred E. Neuman impersonation, seemingly echoing the classic catch phrase of "Mad" magazine's cartoon icon--"What, Me Worry?"--with their apparent lack of conc
In today's blog entry, NU Editor In Chief Sam Friedman responds to complaints that his commentary about how the industry came across in a recent Congressional hearing on Hurricane Katrina claims was o
Regarding the fact that this year resulted in the third-lowest level of insurers' losses in the last 20 years, after 1997 and 1988, Swiss Re attributed this mainly to the "quiet" hurricane season in t