Bermuda-based property and casualty companies enjoy substantially higher after-tax returns on equity and lower effective tax rates than their U.S. competitors, according to a new report by a coalition of domestic insurers.
Thunderhead and Guidewire Software have announced a new partnership designed to help property/casualty insurers improve customer service and drive cost efficiency.
There was noise out of the White House today that President Barack Obama may be open to curbing medical malpractice lawsuits by offering some sort of ...
President Obama reportedly may be open to curbing medical malpractice suits, but with Democrats so closely tied to the trial lawyers lobby, reform is unlikely, says Editor In Chief Sam Friedman in his blog today at www.NUSamSoapBox.com.
The chief executive of the online insurance exchange MarketScout contends that three property-casualty insurers are keeping rates low at a time when business realities call for price-hardening, but he refuses to name the offending carriers.
The U.S. House of Representatives plans to speed up consideration of a measure to reform regulation of surplus lines insurance and reinsurance, industry lobbyists say.
The Obama administration will propose putting large insurance companies under the control of a federal, systemic risk supervisor for the financial system, and probably a U.S. insurance regulator as well...