News

Changes in the global economy, particularly in developing nations, present significant opportunities for the insurance industry as the global middle class expands and insurance needs grow, according to Willis Group’s chairman and CEO.

The Texas House of Representatives has passed legislation to reform the manner in which policyholders file claims and lawsuits against the Texas Windstorm Insurance Association.

Republican members of the House Financial Services Committee grilled federal regulators on how they will represent insurance interests on the international stage and regulate the industry through authority granted in the Dodd-Frank financial-services reform law.

Travelers says it is seeing a substantial increase in the number of claims filed by mobile devices during the past year, a sign of the growing popularity of smartphones.

Managing general agencies with special expertise in unique, narrow niches are attracting the most attention of potential buyers of specialty businesses, according to dealmakers and consultants who spoke to NU last week.

Managing general agencies with special expertise in unique, narrow niches are attracting the most attention of potential buyers of specialty businesses, according to dealmakers and consultants who spoke to NU last week.