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Top insurers face curbs within five years on risky "non-traditional" activities, global regulators said on Thursday as they seek to avoid a repeat of AIG's huge taxpayer bailout in the financial crisis.
Top insurers face curbs within five years on risky "non-traditional" activities, global regulators said on Thursday as they seek to avoid a repeat of AIG's huge taxpayer bailout in the financial crisis.
A financial analysts review has determined that while property and casualty industry reserves remain adequate, the industry is flirting with inadequacy," with workers compensation presenting the greatest risk of experiencing deficiencies.
Integration of applications has always proven effective when attempting to create a more efficient overall process. The efficiencies gained by these integrations allow for more of a decrease in policy and claim processing times, in turn cutting down on costs and improving overall customer service.
Integration of applications has always proven effective when attempting to create a more efficient overall process. The efficiencies gained by these integrations allow for more of a decrease in policy and claim processing times, in turn cutting down on costs and improving overall customer service.
Former prominent Mississippi plaintiffs attorney Richard Dickie Scruggs, reviled for his pursuit of insurance companies following Hurricane Katrina, lost his latest bid to get out of prison.
Swiss Re sold its U.S. Admin Re holding company, Reassure America Life Insurance Company, to Jackson National Life Insurance for a cash payment of $600 million.
This Fla. couple defrauded a federal fund established for hurricane victims out of more than $1M. They now await sentencing after entering a guilty plea.
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