News

Damage claims faced by German insurers for hail storms this year are almost twice the amount expected at 2.7 billion euros, a trade group said on Tuesday of a figure which will eat into sector profitability.

Risk managers at large corporations have enjoyed access to sophisticated RMIS tools for some time now, but their smaller counterparts were left in the lurch because of the high cost of the systems. This is no longer the case, thanks to investments being made by their independent insurance agents and...

Risk managers at large corporations have enjoyed access to sophisticated RMIS tools for some time now, but their smaller counterparts were left in the lurch because of the high cost of the systems. This is no longer the case, thanks to investments being made by their independent insurance agents and...

Billionaire Warren Buffett continues to profit from the financial crisis, with the latest pretax income on his crisis-era investments earning him $10 billion and counting.

Robert Rusbuldt, president and CEO of the Independent Insurance Agents & Brokers of America says he finds serious flaws in a recently-released study by McKinsey & Co. on the future of agents.

John A. Miklus has been named the new president of the American Institute of Marine Underwriters.