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By Staff Writer |
May 15, 2012
Property & casualty insurers of all sizes can now have mobile data access resources for policyholders equal to that of the largest carriers thanks to a new mobile application from IDP Insurance Data Processing.
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By Chad Hemenway, PropertyCasualty360.com |
May 7, 2012
Warren Buffett’s Berkshire Hathaway more than doubled first-quarter net income as its insurance businesses turned in a net-underwriting profit of $54 million compared to a loss of $821 million a year ago.
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By Mark E. Ruquet, PropertyCasualty360.com |
April 20, 2012
Winston-Salem, N.C.-based bank BB&T Corp. says its insurance brokerage services net income increased close to 10 percent for the first quarter of this year over the previous year as the markets show continued rate increases.
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By Arthur D. Postal, PropertyCasualty360.com |
March 16, 2012
The Financial Services Roundtable wants the Treasury Department to use the Federal Insurance Office to coordinate all federal-agency activities regarding insurance in order to ensure that onerous and duplicative federal intervention in the insurance business does not occur.
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By Mark E. Ruquet, PropertyCasualty360.com |
March 13, 2012
The testiness between guaranty insurer MBIA and a group of banks over insurance coverage of structured financial instruments got more personal as each side accused the other of wrongdoing in court.
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By Laura Mazzuca Toops, PropertyCasualty360.com |
June 30, 2011
The next offshored job could be yours.
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By Arthur D. Postal, PropertyCasualty360.com |
June 30, 2011
Roy Woodall’s nomination as the independent member with insurance expertise on the Financial Stability Oversight Council (FSOC) is being welcomed by the insurance industry—but don’t expect him to immediately be able to play a role there.
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By Staff Writer |
March 29, 2011
GMC Software Technology, a provider of customer communications solutions, announced the introduction of GMC Inspire, a customer communications management (CCM) platform. Enabling new ways to engage customers and target markets across digital and print channels, the solution will help insurance businesses increase retention, accelerate acquisition, and drive operational efficiency.
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By Susanne Sclafane, PropertyCasualty360.com |
March 11, 2011
Bermuda-based Aspen Insurance Holdings Limited is positioning its U.S. specialty insurance operation for an inevitable market turn by hiring experienced professionals, according to CEO John Cavoores. Mario Vitale, an alumnus of Zurich and Willis, joined the leader board as president last week, bearing the battle scars of prior soft markets.
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By Associated Press |
March 10, 2011
The price Warren Buffett's Berkshire Hathaway is willing to pay for the remaining 19.9 percent of Wesco Financial it doesn't already own has grown $9 million to $556.6 million.