Hannover CEO Wilhelm Zeller said the transaction is aimed at precluding the effects of not only price contraction, but price inflation on the retrocession market to exploit rising demand for property
As a result of the acquisition, TDC has added 2,300 new insured physicians and further expanded its presence in Oregon and the Northwest. The market share of the combined organization has grown to app
Homeowners' insurers have settled nearly 70 percent of claims from Hurricane Katrina in Louisiana and Mississippi, according to the Insurance Information Institute (I.I.I.). About 90 percent of
Claims News Service, Feb. 3, 9:38 a.m. EST -- ServiceMaster, a provider of services for residential and commercial properties that operates under such brand names as ServiceMaster Clean, Terminix,
ChoicePoint, a major insurance industry consumer data supplier, announced the acquisition of ELIOS Inc., a loss payee notification company for the insurance industry.Terms of the ...
e2Value, Inc., a Web-based property valuation provider, and First Internet Solutions (FIS), an application service provider for the property/casualty insurance industry, have agreed to provide
Guidewire Software, a provider of solutions to property and casualty and workers' compensation insurers, announced that Jeffrey Simpson has joined the company as chief executive officer and chairman o
Claims News Service, Feb. 2, 2:35 p.m. EST -- Robert Wooley, commissioner of the Louisiana Department of Insurance since 1999, has resigned his position, effective Feb. 15. He will be succeeded by
Claims News Service, Feb. 2, 2:35 p.m. EST -- Robert Wooley, commissioner of the Louisiana Department of Insurance since 1999, has resigned his position, effective Feb. 15. He will be succeeded by
TRIA, designed as a federal backstop for the insurance industry in the event of a foreign terrorist attack, was extended by Congress in December 2005 until the end of 2007. The insurance industry