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California has launched enforcement action against two units of Zurich American Insurance Company related to alleged use of a workers compensation insurance agreement known as a large deductible agreement without obtaining prior approval.
A senior member of the House Financial Services Committee is asking the National Association of Insurance Commissioners to explain the legal reasoning behind its decision to describe itself as a standard-setting organization rather than a trade group.
Munich Re says it established a $75 million catastrophe bond through the Bermuda-based special purpose insurer Queen Street V Re Ltd. for hurricane exposure in the United States and European windstorm.
Munich Re says it established a $75 million catastrophe bond through the Bermuda-based special purpose insurer Queen Street V Re Ltd. for hurricane exposure in the United States and European windstorm.
Some thirty-plus presentations are scheduled for the industry-wide Real Time Day, Wednesday, Feb. 29. The day, spearheaded by the Real Time/Download Campaign, coincides with Leap Day, and will offer agents, brokers, carriers, vendors and others practical guidance on how modern workflows can help drive business and profits growth.
Some thirty-plus presentations are scheduled for the industry-wide Real Time Day, Wednesday, Feb. 29. The day, spearheaded by the Real Time/Download Campaign, coincides with Leap Day, and will offer agents, brokers, carriers, vendors and others practical guidance on how modern workflows can help drive business and profits growth.
Mitchell's new claims referral tool is designed to provide intelligent routing at FNOL to speed the settlement process while identifying potential total losses upfront.
Mitchell's new claims referral tool is designed to provide intelligent routing at FNOL to speed the settlement process while identifying potential total losses upfront.
Bond insurer Ambac Financial Group Inc. says it has offered to pay the Internal Revenue Service more than $100 million dollars and give up tax credits to settle a dispute over tax treatment of credit default swaps.
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