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The insurance industry is applauding the introduction of a bill that could corral costs related to fraud and abuse of New York’s no-fault automobile insurance system.
The Obama administration’s 2012 budget proposal has reopened the debate over taxing certain reinsurance premiums ceded to foreign insurers by their U.S. affiliates.
For directors and officers liability insurers facing a potential influx of claims arising from lawsuits that banking regulators are filing against their insureds, a key question is whether regulatory exclusions in their policies will hold up.
For directors and officers liability insurers facing a potential influx of claims arising from lawsuits that banking regulators are filing against their insureds, a key question is whether regulatory exclusions in their policies will hold up.
Algorithmics, a provider of enterprise risk solutions, announced that, following its acquisition of VIPitech in June 2010, it has made significant steps towards the strategic integration and alignment of VIPitech within Algorithmics.
Six insurers were among a total of 40 businesses named as this year’s Customer Service Champions in a report released by J.D. Power and Associates.
Every day small, medium and large businesses are victims of cyber crimes committed by hackers. Many insureds think their comprehensive general liability policies will cover these security breaches, but they are wrong.
As question answering (QA) systems like Watson mature, let’s consider how providing access to insurance knowledge in an automated fashion can change the insurance landscape.
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