Insurers are not currently contesting directors and officers' legal defense claims related to the Bernard Madoff pyramid scheme, but carriers are examining proceedings to see if they can stop payments, legal experts said.
SAS has introduced the SAS Fraud Framework, which includes components that support detection and alert generation, alert management, and case management and includes the new SAS Social Network
A unit of European Union reached informal agreement yesterday on Solvency II, a broad framework to enhance insurer capital requirements and supervision. The action drew a positive response with some reservations from some insurance segments.
Editor In Chief Sam Friedman asks whether carriers and their producers ethically required to help regulators make personal lines insurance widely available. Go to his blog at www.NUSamSoapbox.com
Yesterday J.D. Power and Associates came out with an interesting study of what independent insurance agents want in a carrier. The inaugural study was based ...
The Independent Insurance Agents & Brokers of America said Rep. Kevin McCarthy, R-Calif., is scheduled to address the Annual Young Agents and InsurPac state chairpersons' legislative luncheon next month at IIABA's Washington meeting.
Lockton brokerage said that it has been granted a license by the Dubai Financial Services Authority to operate in the Dubai International Financial Centre.
Rep. Jackie Speier, D-Calif., is scheduled to address the National Association of Professional Insurance Agents next month on the downside of federal regulation, the organization said.
Insurers that make price the overriding concern when selecting a policy administration system, have failed to do their homework and are not serious about the purchase, a technology consulting firm advises.