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Wolters Kluwer Financial Services, a provider of comprehensive risk management, compliance and audit solutions for the financial services industry, announces the acquisition of FinArch, a provider of integrated finance, risk, and performance measurement solutions that enable financial institutions to manage, measure, and report all financial activities.
In this weekly segment, we bring you the top stories from PropertyCasualty360.com for the week. Click to see the top stories for the week of July 9, 2012.
Catastrophe losses for the first half of 2012 were mild compared to the previous year and notably below the 10 year average, according to a report from German insurer Munich Re.
The president of the Florida Association of Public Insurance Adjusters says all public adjusters are trying to do is get homeowners money that is rightfully theirs.
The president of the Florida Association of Public Insurance Adjusters says all public adjusters are trying to do is get homeowners money that is rightfully theirs.
Creating the years biggest-budget blockbuster films means that actors and film crews must take some big-budget risks, and it is up to insurers to guarantee that in the event of some mishap producers and financiers will have financial protection when production doesnt go as planned.
Strict new capital rules for European Union insurers could be delayed after talks aimed at ironing out disagreements over the final shape of the so-called Solvency II regime ended fruitlessly, Britain's insurance industry lobby said.
National Public Finance Guarantee Corp. says it has $33 million in municipal bond exposure to the city of San Bernardino, Calif., as the city becomes the third in the state this year to file for bankruptcy protection.
National Public Finance Guarantee Corp. says it has $33 million in municipal bond exposure to the city of San Bernardino, Calif., as the city becomes the third in the state this year to file for bankruptcy protection.
Reinsurers say companies have suffered intensifying weather-related impacts in the past three years, but fewer than a third of those companies are actively responding to the risk, increasing the likelihood that companies will be unprepared to deal with unimaginable environmental coverage and loss costs.
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