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An insurance scheme gone awry has left two South Carolinians withblood on their hands after allegedly conducting an amputation on a third party with a rudimentary yard tool.
Despite the challenges posed by a year of extraordinary catastrophes, Swiss Re says its 2011 net income increased by more than $1.7 billion thanks in part to a reserve release of $1.3 billion.
Consumers today have new ways of buying and shopping for insurance, and insurers have new ways of delivering products to their customersbut do insurers truly understand what it takes to attract and retain customers in todays market?
Property and casualty mergers and acquisitions activity is expected to be slow in 2012, as low valuations and reserve concerns impact dealmaking, but activity among agents and brokers is expected to remain strong, according to Deloitte.
There is a movement within the insurance industry to consolidate databases from multiple departments in order to gain a complete policyholder view. Typically, insurers with one database can see the different channels and lines of businesses within the company in which policyholders interact. In addition, it allows insurers to better...
There is a movement within the insurance industry to consolidate databases from multiple departments in order to gain a complete policyholder view. Typically, insurers with one database can see the different channels and lines of businesses within the company in which policyholders interact. In addition, it allows insurers to better...
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