Kicking off the second day of America’s Claims Event (ACE) were four women who have had a profound impact on the P&C insurance industry.

Allied World Assurance Company Holdings, AG and Transatlantic Holdings, Inc. announced a $3.2 billion merger deal that executives say will create a global specialty insurer and reinsurer operating in 18 countries on six continents.

The administrative burden of reconciling agency statements can be lightened with Billing Stream v 1.1, recently released to market by StoneRiver, Inc. This comprehensive all-lines billing solution for property-casualty carriers features strong direct bill features, and now offers agency bill capability that provides:

An industry analyst using a proprietary scoring method for property and casualty insurers says the first-quarter combined score for the top-100 commercial-lines writers reveals the first indication of a possible turn in six years.

Mississippi joins Florida and Hawaii in signing the Nonadmitted Insurance Multistate Agreement to implement the Nonadmitted and Reinsurance Reform Act of 2010—a surplus-lines-related component of the Dodd-Frank financial-services reform bill.

Changes in the global economy, particularly in developing nations, present significant opportunities for the insurance industry as the global middle class expands and insurance needs grow, according to Willis Group’s chairman and CEO.

The Texas House of Representatives has passed legislation to reform the manner in which policyholders file claims and lawsuits against the Texas Windstorm Insurance Association.

Republican members of the House Financial Services Committee grilled federal regulators on how they will represent insurance interests on the international stage and regulate the industry through authority granted in the Dodd-Frank financial-services reform law.