Domestic and foreign insurers traded barbs--although the foreign insurers did so anonymously--at a congressional hearing over whether the U.S. should tighten rules dealing with the ceding of premiums to offshore parent companies by U.S. affiliates.
The announcement of two acquisitions this week by The Hilb Group marks the entrance of a new insurance brokerage firm by the founder of Hilb, Rogal and Hobbs, which intends to become a force in the middle market brokerage arena through specialization.
The issue of enterprise content management has been kicked around home offices for years and there remains a significant number of insurance carriers that have chosen to delay implementing such a system.
There is no substitute for being at the show in person, but for those who couldn't attend -- or for those looking to review the material again -- we have provided our speakers' presentations online.
Markel Corporation announced it will acquire Aspen Holdings, Inc., a privately-held insurance group that provides workers' compensation insurance and related services, for approximately $135 million in cash plus
Illinois Farmers Insurance Company has filed a five-count complaint against two Chicago area contractors alleging insurance fraud and conspiracy to the tune of $650,000.
The House today passed legislation that would provide certainty to the National Flood Insurance Program, but an approved controversial amendment drew condemnation from insurer groups, and at least one has withdrawn support for the bill.
The Senate today passed and sent to President Obama legislation that would make the most sweeping changes to financial services regulation since the Great Depression.
Rep. Gene Taylor, D-Miss., today characterized as "absurd" a decision by House officials not to allow a floor vote on an amendment to the National Flood Insurance Program that would add wind coverage to the program.