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Anumber of recent reports conclude that commercial-insurance rates were up in 2011s fourth quarter and are likely to remain in positive territory through 2012. But factors such as macro-economic conditions and loss-cost trends will limit insurers ability to generate underwriting profits, and carriers will have to look elsewherefor example, mergers...
The universe of publicly held brokerage firms could expand within the next two years, with two firms that are now in the hands of private-equity interests re-entering the public sphere in the United States.
Even though enterprise risk management (ERM) is seen as a growing need for organizations globally, companies are still struggling to implement the practice enterprise-wide, according to an industry study.
Nearly all risk managers (96 percent) have significant concerns about the availability and pricing of coverage, according to a survey of member firms of The Independentsan international coalition of insurance brokers and risk-management-services firms.
Medical costs per workers compensation claim with more than seven days of lost time are rising faster in Virginia than in other states that were part of a 16-state study, according to the Worker Compensation Research Institute.
Citing the need for regulators to understand how the risk of climate change can impact carriers, three states say they will require insurers to respond to the climate-risk survey adopted by the National Association of Insurance Commissioners in 2009.
Starr International and its Chairman and Managing Director Maurice Hank Greenberg, have amended a lawsuit against the federal government to claim that the terms of government aid to AIG starting in 2008 amounted to an attempt to steal the business.
Starr International and its Chairman and Managing Director Maurice Hank Greenberg, have amended a lawsuit against the federal government to claim that the terms of government aid to AIG starting in 2008 amounted to an attempt to steal the business.
The U.S. Supreme Court has decided not to delay the execution of a judgment against Louisiana Citizens Property Insurance Corp. while the last-resort insurer prepares an application for the high court to hear the case.
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