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Financial events, human factors and recent technology trends may expose global financial institutions, including insurers, to an increased risk of data breaches, according to a survey of
State Farm has rejected a pitch by Florida's chief financial officer, Alex Sink, to let their captive agents find coverage for customers with rival carriers, since they plan on leaving the state's
"In view of the financial crisis, the result for 2008 is satisfactory," said J?rg Schneider in a statement. "Thanks to our pronounced risk management and a diversified investment portfolio, we have
"Joe brings a wealth of government and political experience to the Big 'I,'" Charles E. Symington Jr., IIABA senior vice president for government affairs, said in a statement. "The Big 'I' is pleased
"Joe brings a wealth of government and political experience to the Big 'I,'" Charles E. Symington Jr., IIABA senior vice president for government affairs, said in a statement. "The Big 'I' is pleased
Although 2008 was well off of the record-setting 2007 pace for catastrophe bond issuance, the cat bond market generally withstood the impact of negative market forces for the year, Guy Carpenter &
"By partnering with MedAvant, we will be able to help our providers enhance staff productivity and ultimately improve cash flow--a must in today's market of tightening margins," says Gary Austin,
New York-based Standard & Poor's Ratings Services announced yesterday that it has raised credit and debt ratings for Bermuda-based AXIS Capital and also upped the financial strength ratings of its
Poor investment results, soft pricing, a weak dollar and a near record year for catastrophes sent insurance stock indexes tumbling last year at a greater rate than the Dow Jones Industrial Average, a
Consumer advocates are asking Iowa Insurance Commissioner Susan Voss why she voted against a proposal to relax life insurers' capital and surplus requirements on Jan. 29 and five days later issued a
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