PropertyCasualty360: Property & Casualty Insurance News & Tips

Reinsurers Leading The Way On ERM Adoption

By Caroline McDonald

Implementation of enterprise risk management within the insurance industry—driven by ratings agencies and anxious boards—is moving steadily forward, with large global reinsurers at the head of the adoption curve.

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Report: Systems to Catch Medicaid Fraud Inadequate

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Report: Systems to Catch Medicaid Fraud Inadequate

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July 12, 2011

CodeObjects to Integrate ISO Electronic Rating Content

CodeObjects, a provider of insurance solutions based on service-oriented architecture, announces it has become an associate of ISO's Electronic Rating Content (ERC) program. As part of this relationship, CodeObjects will include loss costs, rules, and rating information received from ERC with its policy administration system, PolicyEnterprise, for both commercial and...

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July 12, 2011

Assurex Selects Vertafore As Strategic Provider

Vertafore, a provider of insurance distribution channel solutions, and Assurex Global, a risk management and commercial insurance brokerage group, announce that Vertafore has joined Assurex Global’s exclusive strategic provider program.

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July 12, 2011

Munich Re: First-Half Losses Make 2011 Costliest for Natural Disasters

During the first half of 2011, the P&C industry saw an unprecedented number of severe natural catastrophes in both the U.S. and abroad. The accumulation of a total of 100 events produced an excess of $18 billion (and climbing) insured losses in the U.S. alone.

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July 12, 2011

Harleysville Names Herenstein as New CIO

Harleysville Group Inc. announces the appointment of Arne Herenstein as senior vice president and CIO. In this position, he will direct the company’s ongoing information technology strategy, integration, and development efforts. He will report to Michael L. Browne, Harleysville Group’s president and chief executive officer.

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July 12, 2011

NAIC Drops Support for Agent MLR Exemption

The National Association of Insurance Commissioners today dropped its support for exempting insurance agents’ commissions from the medical loss ratio provision of the healthcare reform law.

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July 11, 2011

P&C Industry Looks to Kill Amendment Ending Flood Program

The property and casualty insurance industry is sending a letter to members of the House urging them to reject a flood-insurance bill amendment that would phase out the program as of January.

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July 11, 2011

Moody’s: IAIS Framework for Monitoring Group-Wide Activities is Credit Positive

Moody’s says a recent outline put forth by the International Association of Insurance Supervisors regarding a regulatory framework to monitor international insurers’ group-wide activities is credit positive.

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Top News Stories

Reinsurers Leading The Way On ERM Adoption

Report: Systems to Catch Medicaid Fraud Inadequate

Report: Systems to Catch Medicaid Fraud Inadequate

Recommended Just For You

News Stories

CodeObjects to Integrate ISO Electronic Rating Content

Assurex Selects Vertafore As Strategic Provider

Munich Re: First-Half Losses Make 2011 Costliest for Natural Disasters

Harleysville Names Herenstein as New CIO

NAIC Drops Support for Agent MLR Exemption

P&C Industry Looks to Kill Amendment Ending Flood Program

Moody’s: IAIS Framework for Monitoring Group-Wide Activities is Credit Positive