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.
The sale of AIG's auto unit to Zurich's Farmers Group subsidiary will not alter the personal auto landscape, but will allow Farmers to develop an East Coast presence and become a competitor in the direct writer market, experts and analysts said.
In an upcoming keynote address for Claims' ACE Conference, Joseph Wehrle, NICB president and CEO, will discuss emerging trends and explore methods that the NICB is implementing to fight fraud.
American International Group announced last week it was accelerating the spin-off of its major property-casualty insurance units into a separate company so it can sell off a minority share to the public.
N.Y. Insurance Superintendent Eric Dinallo has begun an inquiry into whether Allstate Corporation engaged in illegal participation in unregulated insurance markets, after the insurer's CEO wrote an opinion piece calling for federal regulation.
Catastrophe risks can expect to see double-digit insurance premium increases through the rest of this year as underwriting capacity dwindles and the hurricane season approaches, an executive from Marsh said.
Since desperate times often prompt desperate measures, companies should be on the lookout for a spike in criminal acts by employees fearful of losing their jobs in a worsening economy, risk managers were warned here last week.
Does attendance at live conferences still have value given the proliferation of virtual gatherings? That's the question for readers in this week's online poll at www.property-casualty.com.
American International Group Inc. announced appointments today for two executives whom it said would have a major involvement in efforts to liquidate assets and restructure the firm to pay off government debt.
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.