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Columbus, Ohio-based Nationwide Insurance announced today that it has created a free application for the Apple iPhone, titled Nationwide Mobile, to help process claims after an auto accident.
A.M. Best and Standard & Poor's both said there will be no rating changes in the wake of the American International Group decision to spin off its property-casualty subsidiaries into a separate unit that will ultimately become a separate company.
At ACE, Joseph Werhle, NICB president and CEO, will discuss their integrated plan to focus on five core disciplines while helping insurers discern the many unsavory flavors of fraud.
Treasury Secretary Timothy F. Geithner's recent remarks about the creation of an optional federal charter regulatory system have educed a fractured response from leading insurance associations.
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 yesterday.
Lloyd's has had success with its recent foray into Brazil, but has doubts about a few other locations, Caroline McDonald reports from the Risk and Insurance Management Association Conference in Orlando.
Federal authorities need legislation to give them legal authority to step in when a huge non-bank company like American International Group gets into financial difficulties, Treasury Secretary Timothy Geithner told Congress today.
Despite a premium price increase push by insurers, rates remain competitive, especially for new accounts with good risk profiles, the chief executive of Brown & Brown said as the firm reported a 7 percent first-quarter decrease in net income.
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