News

A federal district court ruled that an insurer was not obligated to cover claims stemming from allegedly faulty emergency-mitigation measures and repairs made to a roof damaged by Hurricane Isaac.

Bermuda-based insurer Catlin Group Ltd reported a 27% rise in full-year profit as it wrote more premiums and paid out less in disaster claims, and said it was optimistic amid industry warnings of a difficult 2014.

As part of its expansion into the North American market, the provider of software and services for contents claims appoints U.S. director of business development.

Property and casualty industry officials gave unanimous support last week for the concept of the Federal Insurance Office, although they acknowledged the devil is in the details and said they remain comfortable with the current state-based regulatory system.

Property and casualty industry officials gave unanimous support last week for the concept of the Federal Insurance Office, although they acknowledged the devil is in the details and said they remain comfortable with the current state-based regulatory system.

News from Accenture, Tropics, Symbility Solutions and ACORD.