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News from Mercury Insurance, BrokerTech Ventures, Crawford & Co., and more.

Insurers should prioritize these four competencies and experiences when recruiting and assessing a transformational CIO.

A federal district court in New York has granted an insurance brokers motion to dismiss breach of contract, negligence, and consumer protection law claims by a commercial property owner that alleged that its property had been damaged by Superstorm Sandy.

Marsh survey reveals many law firms have not assessed the effects of a security breach on their business, despite acknowledging the damages associated with cyber threats.

US Assure will launch an advanced billing and commission payment solution for insurance providers in late second quarter of this year.

US Assure will launch an advanced billing and commission payment solution for insurance providers in late second quarter of this year.

Insurers are unlikely to be subject to federal oversight through the Dodd-Frank act, a Congressional staffer says, but it is unclear whether the act will lead to heightened state regulation.

Testimony at a recent Senate hearing alleges a lack of consumer protection by state regulators, while one expert says few insurers will be deemed systemically important by the Financial Stability Oversight Council.