News

Governor Chris Christie signed into law legislation that enables New Jersey to license and regulate captive insurance companies, creating a new industry in the state.

The turmoil in the Middle East has heightened the interest in political risk coverage as the unrest in that region has increased concerns regarding whether multi-national commercial accounts are adequately covered, an insurance broker said.

People want data wherever and whenever they need it and Nationwide Insurance employees are no different. But the issue risk management personnel at Nationwide have to deal with—and at every insurance company—is how to protect that data.

People want data wherever and whenever they need it and Nationwide Insurance employees are no different. But the issue risk management personnel at Nationwide have to deal with—and at every insurance company—is how to protect that data.

More than 100 homeowners in Louisiana affected by Chinese drywall manufactured by Knauf Plasterboard Tianjin will soon see some relief as part of a court-approved remediation program.

Underwriting profitability should improve for European property and casualty insurers, according to Moody’s Investors Service, but the insurers will have a harder time using reserve releases to smooth results.