Check out breaking insurance news from our companion site, PropertyCasualty360.com - where agents, brokers, insurers and claims professionals have access to news, research and data, product info, compliance and legal updates, technology developments, industry trends, and more.
Bailed-out insurer AIG should be able to raise enough capital in the near term to buy out the U.S. government's remaining 61 percent stake, assuming both the company and the public share in any stock offering, Sandler O'Neill analysts said on Wednesday.
Certain market drivers have made claims transformation an imperative. By embracing advanced BI and analytics capabilities, P&C insurers can strengthen regulatory compliance, improve customer satisfaction and optimize process efficiency.
Certain market drivers have made claims transformation an imperative. By embracing advanced BI and analytics capabilities, P&C insurers can strengthen regulatory compliance, improve customer satisfaction and optimize process efficiency.
Italys northern Emilia Romagna region was hit by the second powerful earthquake in just over a week on Tuesday afternoon local time, as a 5.8 magnitude temblor caused 10 fatalities and damaged structures and historical landmarks.
The crippled law firm Dewey & Leboeuf LLP filed for chapter 11 bankruptcy protection Monday night and will seek approval to liquidate its business after failing to find a merger partner, marking the biggest collapse of a law firm in U.S. history.
While reserve releases are expected to continue through 2012, the industry has likely exhausted most of its reserve cushion, and rate actions that companies have taken in recent months may not be sufficient to prevent continued deterioration, A.M. Best says.
It has been almost two weeks since Facebook faltered out of the gate in its initial public offering, and while lawsuits filed claiming improprieties may take a while to pan out, insurers are indicating to brokers that coverage changes may be coming.
Get Answers Directly From the FC&S Experts
Submit your coverage interpretation question to the editors of FC&S for quick and reliable information.
FC&S Coverage Insider helps you stay on top of what's happening in the industry, bringing you the latest risk and coverage analyses, discussions, and more.
