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Aon Benfield said assessing insured losses from the latest Christchurch, New Zealand earthquake will be “extremely difficult and complex” because of an earlier quake, known as the Darfield earthquake, that struck the same region in September 2010.
The big story today will be on trends in reserve releases across the industry, but there's plenty of catastrophe news coming your way, too. Listen to today's rundown in less than 60 seconds.
The big story today will be on trends in reserve releases across the industry, but there's plenty of catastrophe news coming your way, too. Listen to today's rundown in less than 60 seconds.
Much has changed in the property/casualty insurance market over the last three years as carriers dealt with the financial collapse and a soft insurance market. The changes have created what the insurance advisory firm Celent refers to as “the new normal.”
The House today passed legislation repealing the much-criticized 1099 reporting provision of the health care law, setting the stage for talks with the Senate over how to pay for the repeal.
The House today passed legislation repealing the much-criticized 1099 reporting provision of the health care law, setting the stage for talks with the Senate over how to pay for the repeal.
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