News

Thailand flooding that has forced evacuation of 650,000 people, killed more than 500 and destroyed homes has shut down manufacturing plants that provide supplies to companies in the United States, particularly in the automobile and computer industries, according to AIR Worldwide.

LexisNexis Risk Solutions has entered into a definitive agreement to sell its insurance software solutions business to the San Francisco-based private equity firm Genstar Capital. Genstar is expected to resurrect the Insurity brand once the deal is completed, according to Donald Light, senior analyst with Celent.

LexisNexis Risk Solutions has entered into a definitive agreement to sell its insurance software solutions business to the San Francisco-based private equity firm Genstar Capital. Genstar is expected to resurrect the Insurity brand once the deal is completed, according to Donald Light, senior analyst with Celent.

Placements in the catastrophe-bond market are off 30 percent last years pace primarily due to 2011 first-half catastrophe losses, says a report from Willis Group Holdings.

Placements in the catastrophe-bond market are off 30 percent last years pace primarily due to 2011 first-half catastrophe losses, says a report from Willis Group Holdings.

The National Association of Insurance Commissioners has decided to ramp up its oversight of title insurers.