Check out breaking insurance news from our companion site, PropertyCasualty360.com - where agents, brokers, insurers and claims professionals have access to news, research and data, product info, compliance and legal updates, technology developments, industry trends, and more.
Thunderstorms accounted for the bulk of $11.1 billion in insured natural catastrophe losses in the United States for the first half of 2009, according to figures released today by Munich Re Group.
Legislation sent to Congress last week by the Treasury Department, which details an Office of National Insurance that would have strong authority over solvency and international issues, is already dividing the property and casualty industry.
Provisions in health care reform legislation now being drafted in various congressional committees signal major changes in how health care is delivered in the United States.
It's been a bit of an annus horribilis for The Hartford Insurance Group--between declining investment income, speculation about a selloff of its p&c unit, and the announcement of the retirement this December of longtime president and CEO Ramani Ayer.
Brown & Brown, Inc. announced that it will pay a quarterly cash dividend of 7.5-cents per share on outstanding common stock on Aug. 19 to shareholders of record as of Aug. 12.
Insurers are the last people who should be complaining about any reform plan that has the government mandate employers to provide health insurance and for individuals to buy it, says NU Editor Sam Friedman on his blog today at www.NUSamSoapBox.com.
Bermuda-based property and casualty insurer XL Capital Ltd. has sold its U.S. life reinsurance subsidiary, XL Re Life America Inc. to SCOR Global Life US for $45 million.
Citing what it expects to be improved performance in the coming year, Warren, N.J.-based insurer Chubb Corp. raised its earnings guidance by 30-cents per share on the high end as it reported second-quarter net income increased 17 percent.
Get Answers Directly From the FC&S Experts
Submit your coverage interpretation question to the editors of FC&S for quick and reliable information.
FC&S Coverage Insider helps you stay on top of what's happening in the industry, bringing you the latest risk and coverage analyses, discussions, and more.
