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U.S. insurers should be proactive in developing improved solvency practices given the expected change in the regulatory landscape, said Donald Light, senior analyst for Celent insurance group.
Fiscal crises and unemployment, underinvestment in infrastructure, especially in energy and agriculture, and chronic disease were identified as the upcoming areas of risk by the World Economic Forum.
Any health care legislation with language eliminating antitrust exemptions for health and medical malpractice insurers will hurt consumers, the National Conference of Insurance Legislators has warned Democratic leaders.
Insurance experts at an industry conference said the property and casualty sector had performed remarkably well between 2007 and 2009, three of the most challenging years for the economy in decades.
It feels insensitive to focus on the "good" news about little insured losses in Haiti, says Editor Sam Friedman, who is seeking out stories about how the industry might be helping the quake-ravaged island at www.NUSamSoapBox.com.
Eighteen Democratic senators have written congressional leaders and the White House urging that the final health care reform bill draft include language repealing the antitrust exemption afforded health and medical liability insurers.
The Risk and Insurance Management Society announced that seven of the organization's chapters have won 2009 SuperStar Membership awards for growth and the Tampa Bay Chapter has won its Membership Star award.
Small insurers retain a sizable share of the overall property and casualty market, and many consistently outperform larger competitors, Conning Research & Consulting reported.
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