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Insurance technology provider to the insurance industry Ebix Inc. said it has acquired Rio de Janeiro-based insurance exchange USIX Technologies Inc.

Tropical Storm Matthew struck Central America twice over the weekend, but the good news for the U.S. is that the now unnamed storm system is not expected to reemerge into the Gulf of Mexico where it could intensify.

Bermuda, preparing for the worst, lucked out when Hurricane Igor's wallop was not as strong as anticipated--leaving behind losses of less than $100 million.

Medical professional liability insurers are at a sweet spot in their underwriting cycle. For insurers, it's a place where loss ratios are low, capital is plentiful--and in this case premiums, though under pressure, are only slightly off their peak.

Backing out of the terrorism reinsurance business would be a really bad idea for the financial security of private businesses and the health of the overall U.S. economy, p&c industry leaders warned.

Emphasizing that state insurance commissioners will play a critical role in implementing federal health care reforms, President Barack Obama met a large contingent of regulators at the White House as part of their new partnership last week.

One evening while attending a cocktail party with his wife for a local school function, Scott Addis was engaged in a conversation when someone interrupted, praising him for his community involvement.

Plaintiffs' attorneys are stepping up their attack on medical liability tort reforms in several states and having success with the rollback of legislation in Illinois and Georgia, overturning caps on noneconomic damages, or pain and suffering.