After I hailed the benefits of enterprise risk management in my Feb. 9 column and blog, suggesting that a chief risk officer might have helped AIG avoid some of the systemic exposures that nearly
Specialty program business can provide a noncorrelated source of profitable commercial premium for companies looking for top-line growth or to supplement their core books of business. If not done
Marsh & McLennan Companies will pay more than $83.5 million to settle a class action suit filed by customers who were clients of the insurance brokerage arm of the firm while it engaged in
The Florida Office of Insurance Regulation (OIR) will review testimony on use of consumer credit information as an auto insurance rating factor, but has no timeline yet regarding when, or if, it will
Steve Weisbart, senior vice president and chief economist for the Insurance Information Institute mentioned the increase in body work prices and remarked that it will have an impact on claims.
The Insurance Council of Australia put that approximate insurable cost figure on the fires that began in early February based on claims received to date, said Kerrie Kelly, Insurance Council chief
New York Insurance Superintendent Eric Dinallo notified insurers yesterday that exceptions from capital and surplus accounting standards granted by other states must not be reflected in New York
Schacht Group, a Chicago-based insurance consulting firm, and Smart Business Advisory and Consulting in Chicago said they have established a strategic alignment to provide a variety of services for
A provision in the budget proposed by Wisconsin Republican Gov. Jim Doyle to increase the minimum amounts of driver liability coverage is being assailed by carrier trade groups as expensive and
Nationwide Mutual Insurance Company, in a surprise announcement yesterday, said that its long-serving chief executive officer, Jerry Jurgensen, has been replaced by President and Chief Operating