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In spite of the uncertain economic environment and limited investment income opportunities, property & casualty insurers will be able to pursue growth opportunities in 2013 through acquisitions, international global expansion, and product solutions that target new insurable risks and coverage, predicts Ernst & Young in its Global Insurance Center U.S....

Challenged by a volatile underwriting cycle, a shaky economy and the uncertain impact of new regulations, U.S. property and casualty insurers must respond by investing in core systems, understanding changing consumer habits and using business analytics to address difficult top-line growth conditions, according to Ernst & Young.

Ernst & Young will pay more than $9 million to settle an investors' suit that accused the firm of aiding American International Group and PNC Financial Services Group Inc. in a multimillion-dollar pho

The Insurance and Actuarial Advisory Services (IAAS) practice of Ernst & Young released its quarterly outlook addressing key trends and issues facing insurers, including the need for

"The past four years have been marked by unrelenting regulatory scrutiny, unparalleled catastrophic losses and an incredibly vibrant hard market," said Pete Porrino of Ernst & Young Global Insurance

The industry in 2006 exhibited strong resiliency with advances in the form of stronger balance sheets, better controls, improvements in risk management and continued advances in pricing techniques, th

New York--The head of Ernst & Young's insurance services division said some form of federal regulation of the insurance industry is inevitable and regulatory scrutiny of the industry will not let up un