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More than half of the states have passed bills implementing federal legislation reforming and modernizing regulation of the surplus lines and reinsurance industries.
The National Insurance Crime Bureau's latest report shows a 23-percent increase in all questionable claims since 2009, with medical posing a major concern.
Insurers are leafing through and interpreting the massive property insurance bill signed by Gov. Rick Scott, which addresses insurance issues related to replacement cost methodology, sinkholes, public adjusters, and claim filing periods.
The unprecedented flooding along the Mississippi is producing some rarely seen events throughout the Delta basin, but the impact of these events on the commercial side of the property and casualty industry will probably be minimal, say observers.
Organizations facing a growing number of global crises are wary of breaks in their supply chain, stockpiling critical items and commodities, and sometimes resorting to “panic buying,” according to a risk-management expert.
The Florida Office of Insurance Regulation today announced a multi-agency, multi-million-dollar settlement agreement with John Hancock Life Insurance Co.
Hartford Financial Services Group Inc. said Tuesday that its chief risk officer will retire in the fourth quarter of this year and it is launching a search for a successor.
A recent report from Metlife, “Study of Employee Benefits Trends,” finds that more than one-third of employees say that if they have the choice, they will change employers in 2011. Here are six red flags to watch for to prevent losing your agency's valuable talent.
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