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Swiss Re said on Monday that July hail storms in northern and southern Germany could cost the company around $240 million to settle claims.

Swiss Re said on Monday that July hail storms in northern and southern Germany could cost the company around $240 million to settle claims.

The New Jersey Department of Banking and Insurance hasn't issued any charges against insurance carriers following Superstorm Sandy, but enformcement actions have been taken against out-of-state public adjusters.

The commercial-insurance industry may soon find itself in two camps: companies that adopt and utilize analytics and gain profitable market share by creating positive risk selection, and those who do not use analytics and suffer from adverse selection, a recent report says, comparing the choice to that faced by credit-card...

The commercial-insurance industry may soon find itself in two camps: companies that adopt and utilize analytics and gain profitable market share by creating positive risk selection, and those who do not use analytics and suffer from adverse selection, a recent report says, comparing the choice to that faced by credit-card...

About one year after Superstorm Sandy, PC360/NU contacted New Jersey Commissioner Kenneth E. Kobylowski to find out his thoughts on the state of insurance in the Garden State.