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Thirty-year-old legacy systems have a hard time meeting the needs of a 21st century property/casualty insurer—in this case Mountain West Farm Bureau Insurance.
U.S.-based multinational companies will likely benefit from an ongoing soft insurance market, as competition for a range of coverages for these companies is expected to continue through 2011, Marsh said in a recent report.
The Florida Senate Banking and Insurance Committee earlier this week delayed action on a massive property insurance bill aimed at reforming everything from sinkhole claims to the amount of surplus a property insurer should carry.
London-headquartered insurance broker Willis Group Holdings announced a series of management changes in its reinsurance, wholesale and placement divisions.
London-headquartered insurance broker Willis Group Holdings announced a series of management changes in its reinsurance, wholesale and placement divisions.
Agents and brokers can play a valuable role in educating doctors and medical practice managers on minimizing risks and choosing the right insurance protection.
American Family Mutual Insurance Company Chief Operating Officer Jack Salzwedel will become the Madison, Wisc.-based insurer’s chairman and chief executive late this year.
American International Group Inc. said it expects to record a $4.1 billion charge in the fourth quarter to bolster loss reserves for its Chartis property and casualty unit.
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.
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