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Insurers are shifting the cost of risk to consumers and taxpayers, side stepping their traditional role of risk-takers and becoming experts at risk-avoidance, according to a report from the Consumer Federation of America.
Insurers are shifting the cost of risk to consumers and taxpayers, side stepping their traditional role of risk-takers and becoming experts at risk-avoidance, according to a report from the Consumer Federation of America.
If Hartford Financial were to split in two the outcome would have positive credit implications for the property and casualty (P&C) insurance group and negative credit implications for the life insurance group. The main reason for the difference, according to Moodys Weekly Credit Outlook is that the life group depends...
Legislation that would provide subsidized premiums under the National Flood Insurance Program for farmers whose properties are at-risk due to aging and substandard levee structures is being criticized by experts at the Heartland Institute, a think tank.
Legislation that would provide subsidized premiums under the National Flood Insurance Program for farmers whose properties are at-risk due to aging and substandard levee structures is being criticized by experts at the Heartland Institute, a think tank.
Hartford, Conn. is trying to recapture its status as the nation's insurance capital by drawing in a specialized insurance business that is finding a home elsewhere.
Hartford, Conn. is trying to recapture its status as the nation's insurance capital by drawing in a specialized insurance business that is finding a home elsewhere.
Sapiens International Corporation N.V., a provider of insurance software solutions, announces the availability of IDIT Software Suite Version 9. The new release enables general insurance companies to improve product development and sales capabilities with features such as enhanced intermediary management, enhanced scheduling management of interfaces, and enhanced workflow setup.
Sapiens International Corporation N.V., a provider of insurance software solutions, announces the availability of IDIT Software Suite Version 9. The new release enables general insurance companies to improve product development and sales capabilities with features such as enhanced intermediary management, enhanced scheduling management of interfaces, and enhanced workflow setup.
Nationwide Insurance ended the year by turning a profit in the fourth quarter, although net income for the period was down 87 percent compared to 2010.
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