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An executive of Chartis, the rebranded American International Group subsidiary, defended the company against competitors' accusations it was under-pricing because of AIG's damaged financial reputation.
Fitch Ratings said it has revised its global reinsurance industry outlook to stable from negative, citing relative improvements in the capital markets, macroeconomic conditions and reinsurance companies' strong financial performance.
A second patent infringement lawsuit between two major claim technology providers has flared up a public relations battle after a nearly two-year hiatus.
Michael McGavick, chief executive officer of XL Capital urged insurers who believe in American-style capitalism to take part in the "profound debate" about financial reform now underway in Washington.
Auto insurance claim frequency is rising, in some cases precipitously, as gasoline prices have declined from the high levels seen in 2008, according to regulators and two large insurers.
There's been a lot of criticism lately about the insurance industry, while not enough is said about the good it does. Find out how a caring adjuster helped Caroline's sister regain her sanity, at www.NoRiskZone.com .
Senate majority leader Harry Reid, D-Nev., has set the stage for a key vote on the Senate version of health care reform legislation on Tuesday, a move indicating he is likely to unveil the bill Monday.
Claims Magazine is twittering every day about breaking news and timely topics -- not to mention keeping readers up to date on what's being posted on claimsmag.com.
While a majority of large businesses have contingency plans for a pandemic or other catastrophe in place, many small to medium companies do not, which can result in their demise in the wake of a disaster, according to experts.
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