To meet the growing international demand for OnBase OnLine, the SaaS-version of the document management software suite, OnBase, Hyland Software opened a new data center in Australia in late August 2010.

Modeler EQECAT said it updated its loss estimation and now predicts between $1.5 billion and $2.5 billion in total insured losses from the recent magnitude 7.1 earthquake in New Zealand last Saturday.

Joe Roland, owner of Steamatic of Middle Tennessee, examines the damage to a Nashville home that was severely damaged by the spring flood of 2010.

Majestic Insurance Co. is the newest member of the Trusted Choice consumer branding program for independent insurance agents and brokers, becoming the 56th company nationwide to join the program.

The credit outlook on the reinsurance industry remains negative, Moody's Investors Service said in its recent report, "Global Reinsurance Outlook," as fundamentals are expected to weaken in the future.

While employer workers' compensation costs in 2008 decreased compared to 2007, medical payments and cash benefits to injured workers saw the largest percentage increase since 2001, according to a report by the National Academy of Social Insurance (NASI).

Charlotte, N.C.-based wholesale insurance broker AmWINS Group Inc. said its international division, Colemont Global Group, has acquired a majority share of Korea-based CMK Insurance Brokers Company Ltd.

Despite a 2009 increase in miles traveled compared to 2008, highway deaths during the year fell to the lowest number since 1950, according to the U.S. Department of Transportation (DOT).