News

Zurich Insurance beat forecasts with a 3 percent rise in 2012 net profit after big fourth-quarter investment gains offset charges taken against its German business and Storm Sandy-related payouts.

Traditional efforts to improve IT performance treat project delivery as an operational endeavor driven by technologists. Progress, these technologists say, lies in ever more complex implementation methodologies. An IT project is a business endeavor that must be evaluated in financial terms, both as a standalone effort and in relation to...

Traditional efforts to improve IT performance treat project delivery as an operational endeavor driven by technologists. Progress, these technologists say, lies in ever more complex implementation methodologies. An IT project is a business endeavor that must be evaluated in financial terms, both as a standalone effort and in relation to...

Insurance broker Willis Group Holdings says it plans to eliminate 200 full-time positions after reporting a fourth- quarter net loss of more than $800 million due to charges and tax.

A significant majority of insurance-carrier CEOs are upbeat about the prospects of revenue growth over the next few years, mirroring the views of financial-services executives in general, according to a recent survey.

The Federal Emergency Management Agency is coming under heavy fire for its handling of Superstorm Sandy flood claims in New York and New Jersey. The criticisms extended to Write-Your-Own companies that in many cases process flood claims for FEMA.