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Insured losses from the winter storm that hit the East Coast between Feb. 23 and Feb. 28 will be between $150 million and $350 million, AIR Worldwide said.
NU Editor Sam Friedman is seeking nominations and entries for NU's fourth annual "Awards For Excellence In Workers' Comp Risk Management," sponsored by the National Council on Compensation Insurance. Go to his blog at www.NUSamSoapBox.com.
In order for insurers to succeed and grow, they must foster an employee and client base including the handicapped and persons with sexual, racial and ethnic diversity, a Chubb executive said.
Any legal effort to block New York's compensation disclosure rule for insurance producers will likely fail, a former regulator told agents and brokers who met here.
In a bid to make it easier for producers to do business across state lines, the U.S. House of Representatives last week passed the National Association of Registered Agents and Brokers Reform Act on a voice vote.
The Obama administration, moving again to put the spotlight on health insurers, asked five large carriers to publicly disclose their justification for large rate increases.
Insured losses from the Chile earthquake will range from $3 billion to $8 billion, according to an early estimate from catastrophe risk modeling firm Eqecat.
A vibrant source of revenue, subrogation is often under utilized. Learn how to maximize its benefits as the author makes the case for why recovery requires specialized skills and why perceptions and protocols should be re-examined.
Insurance industry officials pressed Congress for longer-term action on reauthorization of the National Flood Insurance Program after a delay in the U.S. Senate allowed the plan to expire.
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