A Miramar, Fla. Man is arrested for allegedly staging three car crashes in just seven months, collecting more than $200,000.

In its 2012 Global Insurance Outlook, Deloitte Research insurance leader Sam Friedman issues an interesting description of technology leaders in the insurance industry. He describes their work as revolutionary, and points out the important decisions CIOs make today are less about software or reengineering processes than they are about transformation.

In its 2012 Global Insurance Outlook, Deloitte Research insurance leader Sam Friedman issues an interesting description of technology leaders in the insurance industry. He describes their work as revolutionary, and points out the important decisions CIOs make today are less about software or reengineering processes than they are about transformation.

The 2011 Claims Professional of the Year, Bob Khosropur, has joined Mariposa Insurance Services as senior vice president of operations, where he will be responsible for sales, marketing, mergers and acquisitions, accounting, and logistics.

Catastrophe losses from the 2011 fourth quarter and prior quarters significantly weighed on earnings for three Bermuda specialty insurance and reinsurance companies.

Moody's Investors Service has downgraded PartnerRes insurance financial strength rating to A1 from Aa3 due in part to the catastrophe losses the company suffered relative to most of its peers.

The Federal Reserve Bank of New York today ended one chapter from the American International Group bailout, selling a group of mortgage-backed securities that closed out its Maiden Lane II facility.

Sen. Johnny Isakson, R-Ga., says efforts are underway to attach legislation exempting insurance agents from the medical loss ratio provision of the healthcare reform law to another bill working its way through the Senate.