The ongoing credit crisis, combined with increasing exposures for state-backed insurers of last resort, could hamper the ability of these plans to cover losses from a major hurricane this year, a rati

Michael D. O'Halleran, executive chairman of Aon Re Global, said: "Our clients in Germany have come to expect the industry's best in integrated capital solutions and services from Aon Re Global, and I

The National Insurance Crime Bureau and the Illinois Insurance Association said they will convene an Insurance Fraud Summit Wednesday to discuss and develop strategies for fighting insurance fraud in

That advice came from Chris G. Behymer, vice president marketing for Markel Southwest Underwriters Inc. out of Scottsdale, Ariz., who also counseled that MGAs should ready their staff for the point wh

SCOTTSDALE, ARIZ.--Changing an agency's work culture can improve both efficiency and earnings, but making those revisions is not easy and requires thoughtful planning beforehand, a management consultan

WASHINGTON--Democratic members of a House oversight committee last week accused several insurers of "war profiteering" because the Defense Department allows defense contractors to secure their own work

Late in the week only one firm, AIR Worldwide in Boston, had put out a figure for insured loss--from $300 million to $1 billion--but it cautioned that there is a high level of uncertainty in insured

IBM announced two new advances in the insurance industry--a solution for improving operational efficiency and a framework for process acceleration--that are designed to help insurance carriers lower