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It will be extremely difficult for Congress to delay a train that is nearing its destination, an insurance industry executive says in reaction to the flurry of legislative efforts to forestall flood insurance rate hikes mandated under a 2012 law.
A House Financial Services Committee subcommittee, under pressure from domestic insurance interests, is expected to demand that Federal Insurance Office Director Michael McRaith pressure European regulators to bend policy more to the liking of U.S. insurers.
A House Financial Services Committee subcommittee, under pressure from domestic insurance interests, is expected to demand that Federal Insurance Office Director Michael McRaith pressure European regulators to bend policy more to the liking of U.S. insurers.
WorldAware Solutions, Aon Risk Solutions travel-risk management platform, has been upgraded with an interactive map that helps companies visualize the intersection of their employees abroad and the risks of their geographic locations.
WorldAware Solutions, Aon Risk Solutions travel-risk management platform, has been upgraded with an interactive map that helps companies visualize the intersection of their employees abroad and the risks of their geographic locations.
American International Group has added two new members to its executive committee: John Doyle, CEO of its Property Casualty Global Commercial Insurance unit; and Sid Sankaran, the companys chief risk officer.
Property and casualty insurers shed 1,400 jobs in April compared to March, an unusual occurrence that bucks the recent trend of employment gains for April, according to Insurance Information Institute President Robert Hartwig.
Britain's Lloyds Banking Group said it had ended a contract with Deloitte after problems were uncovered in the way a call centre operated by the business services firm handled customer complaints about mis-sold loan insurance.
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