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The Financial Stability Oversight Council is holding off designating American International Group as a systemically important financial institution, perhaps into next year, according to several sources.
While the total of terror attacks has declined on a global basis, the number of incidents remains at historic highs and insurers need to continue monitoring situations to better understand risk, says Guy Carpenter.
The first challenge of Floridas reform to its personal injury protection system has failed with a denial of an injunction that would have stopped the laws implementation.
The first challenge of Floridas reform to its personal injury protection system has failed with a denial of an injunction that would have stopped the laws implementation.
New program endorsement from Chubb, Caldwell and Partners acquired Midlands Holding Corp. from PMA Captial Corp., Georgia Agency Partners Inc. added four new partner agencies, Willis North America relocated its Cleveland office.
Union Mutual of Vermont has completed Phase I implementation of ISCS's product, SurePower Innovation. The system provides the carrier a flexible, web-based platform to deliver service to its policyholders and increased ease-of-doing-business to independent agents.
Union Mutual of Vermont has completed Phase I implementation of ISCS's product, SurePower Innovation. The system provides the carrier a flexible, web-based platform to deliver service to its policyholders and increased ease-of-doing-business to independent agents.
Allianz will need at least three years to turn its troubled U.S. unit Fireman's Fund into a dependably profitable niche insurer, an Allianz board member said.
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