After a series of severe-weather eventsespecially tornadoesin the U.S. in April, global insured losses for the month are close to $1 billion, says Aon Benfield.

Prompted by a lobbying group that supports efforts to reduce global warming, three insurance companies and the Association of Bermuda Insurers and Reinsurers (ABIR) have publicly renounced their support for the Heartland Institute, a libertarian research group.

The P&C commercial market has officially achieved hard-market status, according to the Council of Insurance Agents and Brokers (CIAB)although some executives at major carriers remain skeptical.

All too often, agent experience is at the bottom of the list when it comes to IT investments by insurance companies. But not at Pa.-based Erie Insurance, which in March named Mark Hammerstein vice president of agent experience.

Agencyport Software, a provider of software and services to the global insurance and reinsurance industries, announces it has forged a partnership with PilotFish Technology to provide integrated workflow solutions to the insurance industry. PilotFish provides software and services that enable the integration of disparate systems using common XML standards.

Agencyport Software, a provider of software and services to the global insurance and reinsurance industries, announces it has forged a partnership with PilotFish Technology to provide integrated workflow solutions to the insurance industry. PilotFish provides software and services that enable the integration of disparate systems using common XML standards.

Cat bond activity reached record levels in the first quarter of this year, exceeding last years placements by more than $300 million, says a leading reinsurance broker.

Lloyds is looking ahead to the year 2025 to reemphasize goals for growth in the specialty insurance and reinsurance marketplaces.