The National Association of Insurance Commissioners has created a task force to examine ways of ensuring that agents continue to be key players even after health care exchanges are launched in 2014.
While a bid to add wind coverage to federal flood insurance has stalled in Congress, a southern senator is pitching a compromise bill that seeks to bridge the gap over wind-vs.-water damage claims.
Disallowing the tax deduction for reinsurance between affiliated entities would have a "detrimental effect on U.S. consumers" and lead to higher insurance premiums, the head of a trade group representing European carriers warned.
A buyers' market continues for directors and officers liability insurance, with double-digit price declines now possible for financial institutions and non-financial firms alike.
Claims never seem to be routine when animals are involved. As insurance professionals told us, animals complicate matters by chewing, devouring, stomping, or even just lying motionless.
The bright, frenzied lights of the Vegas strip once again served as the backdrop for this year's ACE America's Claims Event, which took place from June 22-24th at the Bellagio Hotel. Presentations are now up.