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With the typhoon season in full swing, a catastrophe modeling firm estimated Japan would sustain an insured loss of more than $18 billion if the 1959 Super Typhoon Vera hit today.
The Program Productivity measure of how much insurance brokerage fee income is generated by each bank employee soared in the first six months of the year, a report said.
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.
The Senate passed legislation extending the controversial National Flood Insurance Program until Oct. 31 while talks continue on a more permanent reauthorization.
A new section of a health care reform legislation proposal would let agents sell insurance to individuals and businesses purchasing health insurance through the health exchanges being proposed.
LECG Corporation said it will merge with SMART Business Advisory & Consulting, LLC and receive a $25 million cash investment from SMART's majority shareholder, Great Hill Partners.
Tsunamis from an 8.0 magnitude earthquake striking the Samoan islands killed 100 people and did significant property and casualty damage to villages and resorts, a catastrophe modeling firm said.
The Hartford Financial Services Group Inc. announced today that longtime banking executive Liam E. McGee, 55, has been appointed the company's chairman and chief executive officer to succeed a retiring Ramani Ayer.
An agent's association said it believes certain insurance companies are demanding confidential information about independent agents' books of business so it can bypass them on sales.
The chairman of a House Financial Services Subcommittee charged today that rating agencies betrayed not only the public trust "but also their special status under our laws."
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