Insurance companies that adopt enterprise risk management solutions for their economic capital modeling can see a payoff through reduced capital requirements after obtaining a favorable rating from Standard & Poor’s, a report says.

The National Risk Retention Association (NRRA) sent a letter to Governor Chris Christie of New Jersey advising him that a bill pending in the state legislature would discriminate against risk retention groups, in direct violation of federal law.

State insurance regulators Sunday delayed for at least four weeks action on a resolution that would support the demand by insurance agents for an exemption from the medical loss ratio provision of the health care reform law.

A restructuring of MetLife’s SIU proves beneficial to both fraud prevention and the company overall. Learn how to apply these best practices to optimize your operations.

A restructuring of MetLife’s SIU proves beneficial to both fraud prevention and the company overall. Learn how to apply these best practices to optimize your operations.

Early Japan earthquake loss estimates from two major reinsurers are credit negative for the reinsurance industry because they indicate that reinsurers will take the largest share—perhaps even more than half—of insured losses, according to Moody’s Investors Service.

American International Group Inc.’s general insurance subsidiary Chartis says it will own more than 98 percent of Japan insurer Fuji Fire and Marine Insurance Co. after acquiring more than 305 million shares.

American International Group Inc.’s general insurance subsidiary Chartis says it will own more than 98 percent of Japan insurer Fuji Fire and Marine Insurance Co. after acquiring more than 305 million shares.