News

USI acquires Birmingham, Ala. company to extend footprint on local and national scale

USI acquires Birmingham, Ala. company to extend footprint on local and national scale

German reinsurer Hannover Re is braced for falling premiums next year which could dampen business prospects.

The U.S. securities regulator has asked life insurers to disclose the potential cost of forcibly winding down in-house insurance units known as 'captives,' whose business model has come under regulatory radar, the Wall Street Journal reported.

A federal district court judge has dismissed numerous lawsuits filed by New Orleans-area residents against the Army Corps of Engineers related to 2005s Hurricane Katrina.

This past year saw the industry faced with issues both new and old. Some events were noteworthy for their general news impact, others for their direct influence on the property and casualty industry, and still others for the massive amount of interest they generated among PC360's readership.