Florida regulators grilled insurance representatives last week over what they were doing to make sure their use of consumer credit scores in auto policy underwriting and pricing does not negatively
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
Swiss Re reported a net loss for 2008 of CHF 864 million ($736.3 million at current exchange rate), down from net income of CHF 4.2 billion ($3.6 billion) in 2007, and a 2008 fourth quarter net loss
The OIR held the public hearing on insurers' use of credit scoring to obtain information on how insurers use this information in determining auto insurance rates in Florida. The OIR subpoenaed five
Flagstone Re said poor investment results were primarily responsible for a 2008 fourth-quarter net loss of $75.6 million, or 89 cents per share, compared to 2007 fourth-quarter net income of $51.4
Insurers in general, and claims departments in particular, need to change the way they think about recruiting and retaining talent to avoid suffering from the effects of a brain drain plaguing the
P-c insurance companies outpaced the "Finance and Insurance" average score of 76, and beat all sectors in that category except for credit unions, which scored 84. The Finance and Insurance sector
He said he saw a report that noted at one point during the 1980s Japanese real estate bubble the square mile underneath the Imperial Palace may have been worth more than all of the real estate in
The Connecticut Insurance Department has approved The Hartford Financial Services Group's request for relief from two capital requirements, which the company said has resulted in a $987 million