People in emerging markets are recognizing the need to protect their basic assets—and the insurance industry is developing the infrastructure to deliver microinsurance. Can this be the model for small U.S. business, too?

People in emerging markets are recognizing the need to protect their basic assets—and the insurance industry is developing the infrastructure to deliver microinsurance. Can this be the model for small U.S. business, too?

American International Group Inc. said it repaid nearly $7 billion to the Department of the Treasury, using money raised from the sale of its equity stake in MetLife Inc. earlier this month.

Claims Channel Editor Christina Bramlet is twittering every day about breaking news and timely topics, not to mention keeping readers up to date on the latest postings to the Claims channel on PropertyCasualty360.com.

Pitney Bowes Business Insight, a provider of customer data, analytics and communication software and services, announced an upgrade to its Portrait Customer Analytics product line in the form of Portrait Miner 6.0.

PropertyCasualty360.com technology channel editor Bob Hyle contacted a number of vendors in the insurance software space to gauge their opinions on carrier weaknesses, project management, and their partnership with carriers.

Itasca, Ill.-based insurance broker Arthur J. Gallagher & Co. said it has acquired Risk Planners, Inc., a wholly owned subsidiary of SUPERVALU INC., a grocery store chain in Eden Prairie, Minn.

Florida Senate President Mike Haridopolos threw down a gavel today to open the 2011 State Legislative Session, beginning a new round in the reform fight for the insurance industry.