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The establishment of a new database developed by LexisNexis is drawing support among some of the leading motorist insurers in the United Kingdom as a way to eliminate fraud among drivers that lie about their past driving habits in order to earn discount rates, according to Craig Beattie, a senior...
The U.S. and Bermuda reinsurance sector has its challenges, particularly when it comes to living up to previous years returns on equity for investors, but ratings agency A.M. Best is maintaining its stable outlook due to reinsurers strong capitalization and enterprise risk management practices, as well as a stable pricing...
Fannie Maes plan to reduce the cost of forced-place insurance by bringing in new specialty lenders was scotched by its regulator Monday, prompting outrage from consumer groups.
Fannie Maes plan to reduce the cost of forced-place insurance by bringing in new specialty lenders was scotched by its regulator Monday, prompting outrage from consumer groups.
Lockton acquired Strategic Insurance & Risk Solutions, Swett & Crawford acquired Griffin, The Hilb Group acquired The Pennoyer Group. New programs from SeaFire Insurance Services, Allied World U.S. and Ascent Underwriting. Fonality to integrate web client with Box. Alliance Intermediaries formed.
Aspen Insurance Holdings chief executive says the insurer is reducing its earthquake and wind exposure in the U.S. property insurance market due to the volatility of catastrophe risks.
The Department of Housing and Urban Development has finalized a federal regulation it says introduces uniform disparate-impact criteria to the sale of homeowners insurance, prompting claims of regulatory overreach by industry officials.
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