MMC said it would seek to create savings on information technology by establishing global centers for service, infrastructure and network operations. It also plans to improve procurement management

Fiserv Inc. has acquired InsureWorx, a provider of core processing software solutions for workers' compensation, commercial property/casualty, and risk administration, and will become part of Fiserv

George Sumner, chairman of the Hawaii Captive Insurance Council Marketing Committee, noted that employee benefit captives are more difficult to form because they involve issues under federal law gover

Reading over the editorial we put out on the first anniversary of 9/11 still hits hard emotionally for those of us here at NU's editorial headquarters in Hoboken, N.J., right across the Hudson River f

Optional federal charters will reinvigorate the property-casualty insurance industry, according to Joseph J. Beneducci, president and chief operating officer of Fireman's Fund Insurance Company. Go to

Property-casualty premiums were down an average of 7 percent in August--holding steady with July's marketwide figure--although rates were up slightly in commercial property, directors and officers, and

Policyholders given more time to file damage claims for hurricane-related

Deal could be a prelude to firm eventually going public, consultant