IBM has introduced a new grid-computing product to help life insurance companies cut the time needed to run complex insurance model scenarios. Called IBM Grid and Grow for Actuarial Analysis, the

"State lawmakers are signaling they realize prosecutors can dismantle accident rings far more effectively with a targeted fraud law that helps them apply constant pressure against gang members in cour

Speaking during Marsh's Webcast today, "Property-Casualty Insurance--Market Update--Third Quarter 2006," Jill Dalton, managing director in Marsh's North America property practice, called today's commerc

The figures for 2004 (the most recent year for which data is available) continued a trend that began after 2000, when workers' comp insurance costs and benefits relative to wages were at their lowest

Bermuda-based Aeolus Ltd. today announced its entry into the global reinsurance market with an initial capitalization of up to $500 million financed by a group led by Warburg Pincus and the company's

Chicago-based Stars said in a statement that the computer containing the names, addresses, telephone and Social Security numbers of individuals receiving workers' compensation benefits, managed throug

The firm yesterday reported second quarter net income rose $7.4 million, from $37 million or 27 cents a share in 2005, to $44.4 million or 32 cents a share this year. Revenues increased 13 percent, or

The new member is Berkley Mid-Atlantic Group, a subsidiary of Greenwich, Conn.-based W.R. Berkley Company. The insurer provides specialized coverage to the mid-Atlantic states of Pennsylvania, Delawar