The Property Casualty Insurers Association of America (PCI) is asking the Treasury Department to "tread carefully" in providing financial aid to life insurers with property-casualty operations.
Despite recent outcries from federal lawmakers and plaintiffs lawyers, concerns that Chinese drywall could become the next asbestos are unfounded, experts say.
More than 75 percent of workers' compensation physical impairment ratings are incorrect because doctors "are not held accountable," an expert told an industry conference here.
Reduced sales volumes, lower investment returns, declining stock value and consumer behavioral changes are all evident in the property-casualty and life insurance markets
California Insurance Commissioner Steve Poizner said yesterday that he has approved a cut in State Farm auto insurance rates averaging 8 percent per policyholder.
Independent agencies that do an outstanding job for their clients are urged to enter the 2009 National Underwriter "Commercial Insurance Agency Of The Year" award program, with entries due July 13.
The need for independent agents to encrypt e-mail transmissions is not only important for compliance with privacy laws but can also be used as a marketing tool by agents, a technology expert said.
The Hartford Financial Services Group, Inc., one of the nation's largest financial services companies has appointed Brian Griffith to lead property and casualty's National Client Practices (NCP) group.
The chairman of a key subcommittee of the House Financial Services Committee today said he intends to move quickly to impose direct federal oversight of insurance, starting with a system to regulate systemic risk.