The New York State home insurer of last resort said it will expand offerings by offering coverage for a wide variety of additional perils it does not currently insure.

Independent agents and brokers who have customer trust can flourish in the current insurance marketplace, a producer trade group president advised at a recent industry conference.

Insurers are not currently contesting directors and officers' legal defense claims related to the Bernard Madoff pyramid scheme, but carriers are examining proceedings to see if they can stop payments, legal experts said.

SAS has introduced the SAS Fraud Framework, which includes components that support detection and alert generation, alert management, and case management and includes the new SAS Social Network

A unit of European Union reached informal agreement yesterday on Solvency II, a broad framework to enhance insurer capital requirements and supervision. The action drew a positive response with some reservations from some insurance segments.

Columbus, Ohio-based insurance brokerage group Assurex Global said it has opened a new regional headquarters in London.

NU Editor In Chief Sam Friedman comments on whether taxing health benefits will prompt a single-payer system.

The Independent Insurance Agents & Brokers of America said Rep. Kevin McCarthy, R-Calif., is scheduled to address the Annual Young Agents and InsurPac state chairpersons' legislative luncheon next month at IIABA's Washington meeting.