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Property and casualty carrier employment is at the lowest level in more than 20 years, according to data published by the U.S. Labor Department’s Bureau of Labor Statistics and compiled by the Insurance Information Institute.
A proposed flood insurance reform bill contains language that calls on the Federal Emergency Management Agency (FEMA) to conduct a study on privatizing the National Flood Insurance Program
An Illinois federal lawmaker is stumping again for legislation that would stave off property owners from having to buy flood insurance in areas newly designated by the government as being at high risk.
MarketScout's barometer of U.S. property and casualty market shows minus-5 percent composite rate for the fourth straight month, with general liability still the most aggressively priced coverage.
MarketScout's barometer of U.S. property and casualty market shows minus-5 percent composite rate for the fourth straight month, with general liability still the most aggressively priced coverage.
Zurich Financial Services Group has named Thomas Huerlimann CEO of Global Corporate to take the place of Mario Vitale, who moved to Aspen Insurance Holdings.
RenaissanceRe completed the sale of its U.S. insurance businesses, while another Bermuda company, Aspen, is strengthening the leadership of its U.S. insurance operation.
Losses from the Feb. 22 New Zealand earthquake are expected to be in the $30 million to $40 million range for Swiss-based Allied World Assurance Company Holdings.
Employment trends in the insurance industry as noted by the I.I.I. is tops on our list, but we'll also get you a slideshow of the damage in Lousiana and update you on several other noteworthy news items.
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