News

Chief executives and risk managers see eye-to-eye on necessary risk-professional skill sets, but gaps remain between how the two view the role of risk managers, a survey says.

The 108.2 combined ratio posted by the private property and casualty industry in the U.S. was the worst since 2001.

Pennsylvania has become the first of four states needed to approve a merger between Nationwide Mutual Insurance Co. and Harleysville Mutual Insurance Co.

Pennsylvania has become the first of four states needed to approve a merger between Nationwide Mutual Insurance Co. and Harleysville Mutual Insurance Co.

Mississippi's governor signed a bill which avoided the possibility of 75,000 properties having to secure more expensive private insurance.

Wisconsin, which did not take action on implementing the federal Nonadmitted and Reinsurance Reform Act last year, has now passed such legislation, a National Association of Professional Surplus Lines Offices bulletin states.