Managing general agencies with special expertise in unique, narrow niches are attracting the most attention of potential buyers of specialty businesses, according to dealmakers and consultants who spoke to NU last week.

Insurance Systems, Inc., a provider of Web-based enterprise solutions for the property/casualty insurance industry, announces the company has enrolled in ISO's rating service member program, which will integrate ISO content with the ISI Enterprise policy administration suite.

BERMUDA—A listless economy has meant $150 million trimmed from Bermuda’s budget, but a brighter outlook is expected later this year, according to Bermuda and U.S. officials.

State Farm has logged more than 400,000 home, business and automobile claims due to U.S. storms in April and May, and claims payments have doubled in less than three weeks.

Reinsurance carriers are either a great stock to buy or an indicator of a hard-market turn, depending on how catastrophes shake out this hurricane season, say experts.

LexisNexis Risk Solutions announces its entry into the United Kingdom’s insurance market. LexisNexis will help UK insurers assess risk, bringing new insight and valuable information about applicants to the point of quote. The company currently works with more than 300 general insurers in the U.S..

Two claims were filed with different insurers after a 2008 fire in a developer’s Calif. condominium project, but thinking twice did not work out in this man’s favor.

CSC is introducing new life insurance services designed to eliminate market-entry barriers, optimize application submission and underwriting processes, and enhance operational performance. These services combine CSC’s insurance systems and traditional business process outsourcing (BPO) service options with CSC’s business process as a service (BPaaS) delivery model, including a portfolio of...