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The Wheaton, Ill.-based American Association of Insurance Services (AAIS) said it has made a nationwide filing of some additions to policy language for use with commercial insurance policy forms.
Demand surge has little to do with economic factors after the storm and everything to do with quality and cost of claims settlements, said Anna Olsen, a researcher at the University of Colorado.
Fitch Ratings has downgraded mortgage insurers MGIC Investment Corp. and The PMI Group (TPG), citing in both cases loss expectations and capital constraints facing the companies as independent mortgage insurers.
Newly proposed House legislation to end the insurance industry's anti-trust exemption has been attacked by two insurer trade group who call it a "punitive bill hinging on a false premise."
The Travelers Company Inc. management said it will begin aggressively marketing its online direct personal lines business in an effort to capture a niche market the company is missing.
The 231-year-old Greenbrier resort in West Virginia--the place where the Council of Insurance Agents & Brokers was founded more than 95 years ago--filed for bankruptcy yesterday.
It's time for independent agencies that do an outstanding job selling insurance and providing risk management services for their clients to prepare their entries for the National Underwriter 2009 "Commercial Insurance Agency Of The Year" award program.
Insurance business process outsourcing is expected to increase 67 percent by 2013 on a global basis, primarily from growth outside of North America and the United Kingdom, according to a Celent, a Boston-based financial research and consulting firm.
Technology solutions can provide strong support for an enterprise risk management process, concluded an executive report released today by the Risk and Insurance Management Society.
Eliot Spitzer the former New York governor and attorney general, who used to blister American International Group in press releases, is now hitting the company as a member of the press over a "scandal."
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