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Since claims are the single largest expenditure for a property and casualty insurance company, investing in claims management operational improvements is one of the most effective strategies to drive profitable growth, according to a report by Deloitte.
Property and casualty insurers can expect moderate net premium growth but additional deterioration in underwriting results for 2011, according to a new forecast and analysis released by Conning Research and Consulting.
Ambac Assurance’s segregated account will not begin to make claims payments beginning in May because regulatory officials are not comfortable with the company’s ability to pay claims, officials say.
Cincinnati Financial Corporation says its chief executive officer will become chairman of the company’s board of directors and its chief financial officer will become CEO as part of a leadership transition.
The Independent Insurance Agents & Brokers of New Jersey will hold its 12th Annual Trusted Choice Charity Golf Classic to benefit the Make-A-Wish Foundation of New Jersey on May 2nd at Trenton Country Club, in West Trenton, New Jersey.
Officials from the captive domiciles of Bermuda, St. Lucia and Barbados will discuss domicile selection at the Captives & Corporate Insurance Strategies Summit in Toronto on June 1-2.
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