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Melville, N.Y.--New York State should implement measures to be proactive, rather than reactive, in dealing with the prospect of a major hurricane hitting Long Island and New York City, said Sharon Emek

Mr. Blackburn will be responsible for the company's marketing and enterprise risk management efforts, while continuing to oversee State Auto's claims, underwriting and information technology operation

Mr. Blackburn will be responsible for the company's marketing and enterprise risk management efforts, while continuing to oversee State Auto's claims, underwriting and information technology operation

One of the liveliest debates on NU Editor In Chief Sam Friedman's blog has been about Associate Editor Mark Ruquet's columns questioning the use of credit scoring in insurance underwriting. Readers re

He noted forecasts that 2006 profits for property-casualty insurers could be the best in 51 years at up to $60 billion, with return on equity of 14.5 percent. However, he warned that "despite our

SunGard has acquired Carnot, AG. of Frankfurt, Germany, a provider of business process management (BPM) software that helps enterprises model, deploy, execute, monitor, and optimize their business

Property insurance was the only line of business that increased in the third quarter, representing a continuation of trends in the past two quarters, according to the Risk & Insurance Management Socie

The company reported on Thursday that net income rose from a loss of $66 million, a loss of $6.16 per share last year, to $162 million, or $15.01 a share in the third period--a more than 300 percent in