News

Insurance broker and risk advisor Marsh Inc. said its office in Christchurch, New Zealand was among the many buildings that collapsed during Monday’s earthquake.

While in support of a broad property insurance reform measure in Florida that addresses sinkholes, the industry continues to have concerns.

The U.S. economy is always top of mind for property/casualty insurers—particularly when it remains sluggish for two or more years—but there are other issues for carriers to address if they want 2011 to be successful.

The U.S. economy is always top of mind for property/casualty insurers—particularly when it remains sluggish for two or more years—but there are other issues for carriers to address if they want 2011 to be successful.

With Solvency II scheduled to come into force Jan. 1, 2013, U.S. companies must prepare for changes in capital position, enterprise risk management, product strategy, resources, risk culture and technology, according to a Deloitte study.

The Main Street America Group of Jacksonville, Fla., announces surplus growth of $78 million in fiscal year 2010.