Two Fresno, Calif. men will stand trial after allegedly operating a fraud ring that siphoned more than $600,000 from insurers and, by extension, innocent consumers.

New capabilities will allow businesses to make sense of large volumes of data

Risk Management Solutions (RMS) announces that it has conducted the expert risk analysis for Swiss Res sixth issuance of the mortality-linked catastrophe bond, VITA V. The transaction has increased significantly from its initial target of $100 million up to $275 million in only two weeks.

Risk Management Solutions (RMS) announces that it has conducted the expert risk analysis for Swiss Res sixth issuance of the mortality-linked catastrophe bond, VITA V. The transaction has increased significantly from its initial target of $100 million up to $275 million in only two weeks.

A survey of property and casualty insurance brokers lends further evidence that rates are continuing to move upward, but experts still doubt whether a hard market is on the way, and some question the current environments momentum.

After reporting an increase in second-quarter profit, American Financial Group says it has reduced its earnings guidance for 2012 over potential losses in its crop-insurance line.

Increases in losses primarily from accident-year property exposures in 2011 that were not reported until the second quarter this year resulted in Meadowbrook Insurance Group Inc. reporting a net loss of $7.7 million for the period.

Two insurance industry trade groups are asking the Financial Stability Oversight Council to allow all nonbank financial companies a full hearing as part of the process for determining whether a company should be designated systemically significant.