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WASHINGTON--A trade organization for risk retention groups has written Kansas insurance regulators telling them they lack the authority to require RRGs based outside Kansas to file anti-fraud plans wit
Hyland Software, developer of the OnBase enterprise document management software suite, introduced a new offering specifically designed for insurance agencies. The OnBase Agency Solution integrates
He added that there were a number of legal options he was considering, but he did not want "to tip my hand" to insurers. He said Judge Beer dismissed the case on procedural grounds and didn't rule on
A federal judge in New Orleans tossed out an $8 billion lawsuit yesterday that accused insurers of defrauding the National Flood Insurance Program by improperly shunting Hurricane Katrina damage claim
A federal judge in New Orleans tossed out an $8 billion lawsuit yesterday that accused insurers of defrauding the National Flood Insurance Program by improperly shunting Hurricane Katrina damage claim
East Japan Railway Company has secured $260 million in earthquake coverage through a securitization bond placed by Munich Re utilizing Aon Corp.'s investment banking group Aon Capital Markets, the two
The Allstate Corporation reported a 15.5 percent drop in third-quarter net income last night, attributing the decline to higher catastrophe losses and a lack of favorable loss development that boosted
Wells Fargo Third Party Administrators Inc., a subsidiary of San Francisco-based Wells Fargo & Company, said it has acquired JSL Administrators, a subsidiary of J. Smith Lanier & Co. The purchase cost
New York Insurance Superintendent Eric Dinallo, breaking away from other states' regulators, said today he planned to do away with collateral requirements for foreign reinsurers with good financial r
The National Association of Professional Insurance Agents' new president said he believes the most pressing issue facing the insurance industry and its customers today is finding a solution to catastr
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