The use of credit scoring by insurers has generated tremendous controversy and put the industry on the hot seat. Is it ethical to force an unpopular rating factor on the public--particularly if critic
In his blog entries this week, NU Editor In Chief Sam Friedman comments on whether contingency fee bans are "contagious," the odds of insurers winning flood claim suits in Mississippi, and next Monday
EDS SOLCORP has introduced version 7.0 of INGENIUM, the company's Web-services-enabled policy life-cycle administration system for the life insurance industry. INGENIUM scales to high-volume
In addition, the CFA said its Monday press conference will provide detailed information on the strategies it says insurers have used to shift their costs onto consumers and will make recommendations
Louisiana Insurance Commissioner Jim Donelon said that St. Paul Travelers Insurance Company has promised to cut back on the number of commercial customers it had planned to nonrenew in the aftermath o
Louisiana Insurance Commissioner Jim Donelon said that St. Paul Travelers Insurance Company has promised to cut back on the number of commercial customers it had planned to nonrenew in the aftermath o
Establishing a dedicated funding source for grants to homeowners to strengthen their homes against hurricanes is one of a number of recommendations from a Florida business panel seeking to restore a p
Hilb Rogal & Hobbs Company said it has acquired Portland, Ore.-based Nevin, Works & Associates Inc. (NWA) and its affiliate thinc. USA, LLC, a niche employee benefits consulting company. Transaction t
WASHINGTON--The Consumer Federation of America said it will release new data next week showing insurers overcharged and shifted costs to consumers to reach record profit and surplus levels in recent ye
Bermuda-based start-up reinsurer Aeolus Re has increased its capital base to over $1 billion through an investment led by Warburg Pincus and Merrill Lynch Global Private Equity, the carrier said today