Check out breaking insurance news from our companion site, PropertyCasualty360.com - where agents, brokers, insurers and claims professionals have access to news, research and data, product info, compliance and legal updates, technology developments, industry trends, and more.
Creation of an optional federal charter for insurers will be on Congress' 2011 agenda because it has strong bipartisan support, Rep. Barney Frank, D-Mass., chairman of the House Financial Services Committee, has told state insurance legislators.
The California Workers' Compensation Insurance Rating Bureau (WCIRB) will likely recommend an average rate increase of around 30 percent to the state's insurance department later this year.
The Atlantic storm Colin has re-intensified into a tropical storm and is expected to pass either near or over Bermuda during the weekend, according to the National Hurricane Center.
Stephen A. Korducki, a senior insurance and reinsurance executive, has been elected president and chief executive officer of Sunshine State Insurance Company, Inc (SSIC).
A major independent agent leader threw down the gauntlet, challenging contingent fee opponent Willis to benchmark their brokers' upfront commissions against industry averages when delivering policies to clients.
American International Group (AIG) reported a 2010 second quarter net loss of $2.7 billion, which the company said was primarily due to a $3.3 billion goodwill impairment charge.
Greg Bunner of Cherryville, N.C., and Kuriko Tsukiyama of Bogota, N.J., captured the boys and girls divisions in the 42nd annual Trusted Choice Big "I" National Championship golf tournament held recently in Chesterfield, N.J.
July property and casualty rates declined an average of 3 percent compared to last year at the same time due in part to favorable midyear reinsruance terms, according to MarketScout.
Get Answers Directly From the FC&S Experts
Submit your coverage interpretation question to the editors of FC&S for quick and reliable information.
FC&S Coverage Insider helps you stay on top of what's happening in the industry, bringing you the latest risk and coverage analyses, discussions, and more.
