Insurance business process outsourcing is expected to increase 67 percent by 2013 on a global basis, primarily from growth outside of North America and the United Kingdom, according to a Celent, a Boston-based financial research and consulting firm.
Newly proposed House legislation to end the insurance industry's anti-trust exemption has been attacked by two insurer trade group who call it a "punitive bill hinging on a false premise."
The Travelers Company Inc. management said it will begin aggressively marketing its online direct personal lines business in an effort to capture a niche market the company is missing.
The 231-year-old Greenbrier resort in West Virginia--the place where the Council of Insurance Agents & Brokers was founded more than 95 years ago--filed for bankruptcy yesterday.
While everyone and their grandmother was getting in a lather about AIG paying $165 million in retention bonuses to its notorious Financial Products unit, there ...
Technology solutions can provide strong support for an enterprise risk management process, concluded an executive report released today by the Risk and Insurance Management Society.
Eliot Spitzer the former New York governor and attorney general, who used to blister American International Group in press releases, is now hitting the company as a member of the press over a "scandal."
Florida CFO Alex Sink said she is "unimpressed" with auto insurers' justifications for using credit information in determining rates, and she voiced support for bills that would ban the practice.
The owner-operator of a fish farm in Chenango County, N.Y., reeled in $66,100 in fraudulent workers' compensation benefits from the New York State Insurance Fund before being caught.
The Montana Captive Insurance Association, Inc. (MCIA) said that a measure passed by the legislature that eases requirements for captive operations should strengthen the state's position as a captive domicile.