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The annual study released by insurance broker Marsh said the cost of risk stood at $2.68 for every $1,000 of revenue. This was a modest increase of 4 percent over 2004, where the cost of risk stood at
Lloyd's of London may have had an outstanding year financially, but it suffered a huge loss this week with the announcement that Julian James, director of worldwide markets, will be leaving to join Lo
With the latest James Bond movie racking up big bucks at the box office, NU Editor In Chief Sam Friedman speculated in today's blog entry what kind of an auto risk agent 007 would pose given his dange
The battle over whether to allow Uncle Sam to directly regulate the insurance business via an optional federal charter has split the agent/broker community wide open. NU Editor In Chief Sam Friedman o
Swiss reinsurer Converium announced today it has agreed to sell its runoff North American operations to National Indemnity Company, a Berkshire Hathaway company, for $95 million in cash and $200 milli
YASU Technologies, a provider of cross-platform BRM solutions for Java/J2EE and .NET technologies, and Jarus Technologies, an automation developer in the insurance and financial services verticals,
Analysts at Standard & Poor's Ratings Services, New York, and the Chicago office of Fitch Ratings gave that assessment today in responses to the announcement that an independent review team hired by
WASHINGTON--Flood insurance policyholders, after a two-year delay, have been given an official means of appealing decisions made by the National Flood Insurance Program under a rule published late last
The lead story in Monday's New York Times, headlined --"Aged, Frail and Denied Care By Their Insurers"--was devastating to the insurance industry's already tattered reputation. Even though the article
Beyond the rude behavior of those who are addicted to their BlackBerries, there is a repetitive stress factor at work that could impact workers' comp insurers and risk managers. NU Editor In Chief Sam
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