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Arch Capital Group last Friday acquired CMG Mortgage Insurance Co. from PMI Mortgage Insurance Co., a move that Moodys Investors Service sees as positive for Arch but credit-negative for existing players in the mortgage-insurance market that may have to contend with well-capitalized new entrants going forward.
Most employers say they do not plan to shift healthcare costs to employees in response to the healthcare-reform law, but they hold far different views when it comes to what they expect their competitors to do, according to a recent survey.
Despite $400 million in claims payments and other costs related to Superstorm Sandy, fourth-quarter net income at Nationwide jumped to $176 million in 2012 from $35 million in the prior year.
Despite $400 million in claims payments and other costs related to Superstorm Sandy, fourth-quarter net income at Nationwide jumped to $176 million in 2012 from $35 million in the prior year.
Insurers can increase the actual and perceived value of social media use by extending social search tools and processes beyond marketing departments and into the core operations of the organization. That was the finding of research conducted by Celent and released in a report: Realizing the ROI of Social Media...
Insurers can increase the actual and perceived value of social media use by extending social search tools and processes beyond marketing departments and into the core operations of the organization. That was the finding of research conducted by Celent and released in a report: Realizing the ROI of Social Media...
U.S. Senator Charles Schumer, D-N.Y., made clear to the Treasury Department that renewal of the Terrorism Risk Insurance Act will be one of his top priorities for this Congress. Treasury Secretary designate Jacob Lew says he is not familiar with Obama administration stance on the issue.
U.S. Senator Charles Schumer, D-N.Y., made clear to the Treasury Department that renewal of the Terrorism Risk Insurance Act will be one of his top priorities for this Congress. Treasury Secretary designate Jacob Lew says he is not familiar with Obama administration stance on the issue.
Zurich Insurance beat forecasts with a 3 percent rise in 2012 net profit after big fourth-quarter investment gains offset charges taken against its German business and Storm Sandy-related payouts.
Zurich Insurance beat forecasts with a 3 percent rise in 2012 net profit after big fourth-quarter investment gains offset charges taken against its German business and Storm Sandy-related payouts.
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