Columbus, Ohio-based Nationwide Insurance announced today that it has created a free application for the Apple iPhone, titled Nationwide Mobile, to help process claims after an auto accident.
A.M. Best and Standard & Poor's both said there will be no rating changes in the wake of the American International Group decision to spin off its property-casualty subsidiaries into a separate unit that will ultimately become a separate company.
At ACE, Joseph Werhle, NICB president and CEO, will discuss their integrated plan to focus on five core disciplines while helping insurers discern the many unsavory flavors of fraud.
It is estimated that more than three million policyholders will total their vehicles in 2009 and be shoved into the car buying market. Given the current state of the automotive industry, dealers are chomping at the bit to serve these customers.
Treasury Secretary Timothy F. Geithner's recent remarks about the creation of an optional federal charter regulatory system have educed a fractured response from leading insurance associations.
Since desperate times often prompt desperate measures, companies should be on the lookout for a spike in criminal acts by employees fearful of losing their jobs in a worsening economy, risk managers were warned here yesterday.
Federal authorities need legislation to give them legal authority to step in when a huge non-bank company like American International Group gets into financial difficulties, Treasury Secretary Timothy Geithner told Congress today.
A New York inquiry into Allstate operations, provoked by statements in an article written by the firm's chief executive, has sparked some fiery words of controversy.