News

Pricing conditions in the airline-insurance market are not expected to change as the industry has demonstrated increasing attention to safety, according to Willis Group Holdings.

A new study says rising workers compensation premiums are more closely associated with decreases in the Dow Jones Industrial Average and interest rates on U.S. Treasury bonds rather than higher claims paymentsan assertion challenged by an industry association.

The number of questionable claims (QCs) filed during the 2011 first half increased 4.5 percent compared to the previous year, according to a recent National Insurance Crime Bureau (NICB) analysis.

Catastrophe losses in 2011 will reach the $1 billion mark for American Family Insurance.

Insurers are unlikely to be subject to federal oversight through the Dodd-Frank act, a Congressional staffer says, but it is unclear whether the act will lead to heightened state regulation.

Catastrophes continued to impact carriers through August, with personal-lines insurers reporting elevated claims activity for the month.