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Warren, N.J.-based insurer The Chubb Corp. said it estimates its first-quarter losses to be approximately $290 million pre-tax, and $189 million after-tax.
Claims Magazine and Smith & Brink, P.C. are on the hunt for our 2010 Claim Professional of the Year. Learn how you can nominate a deserving professional.
Insurance fraud in New York's no-fault auto system increased almost 9 percent between 2008 and 2009, according to a New York State Insurance Fraud Bureau report.
President Obama has completed the first stage of his health reform initiative by signing H.R. 4872, the companion legislation to the bill that created the Patient Protection and Affordable Care Act.
Major European insurers in most cases have recovered from significant 2008 losses, but 2009 earnings figures were still below the highs reported in 2007 and 2006, Moody's Investors Service, said.
Insurance regulators, in a surprise move, have voted to let insurers file their climate risk disclosure survey responses on a voluntary, confidential basis.
The biggest challenge facing insurers today actually plays into the strength of mutual carriers, says NAMIC Chairman John T. Hill II in the second of a two-part video interview with NU at www.property-casualty.com.
The suicide bombings on Moscow's subway system is a reminder of how vulnerable we all are in today's troubled times, says NU Editor Sam Friedman is his blog today at www.NUSamSoapBox.com.
A risk management trade group has reacted with pleasure to a declaration by Marsh insurance brokerage that it will not accept controversial contingent commissions in its U.S. core insurance broking segment.
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