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The Florida Office of Insurance Regulation (OIR) has signed a memorandum of understanding (MoU) with the United Kingdom Financial Services Authority (FSA), the second such MoU for the OIR.
A report from an insurance marketing and risk management consulting firm observed that, save for the mortgage and financial guaranty market, first-quarter earnings for the property and casualty industry weren't as bleak as expected.
The White House is voicing support for a Senate proposal that would impose a tax on health insurance plans valued at $25,000 or more as a means of helping pay for health care reform.
BB&T Corp. said its insurance brokerage unit produced record revenues in the quarter and its CEO said the brokerage is seeing signs of hardening in the insurance marketplace.
A Venezuelan investor has sued London-based insurance broker Willis Group Holdings Ltd. and its U.S.-based subsidiary, Willis of Colorado, for providing false assurances that Certificates of Deposit were insured.
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.
Max Capital Group Ltd. said today that its United States subsidiary, Max Specialty Insurance Company, has completed its licensing as an eligible surplus lines insurer.
Daytona Beach, Fla.-based insurance broker Brown & Brown reported a slight increase in net income for the second quarter of this year, but the economic downturn continues to produce strains on the firm's organic growth.
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