News

Corporate insurance buyers need to enhance their coverages as much as possible while the market is still soft, according to a report by Willis Group Holdings.

The Hartford Financial Services Group Inc. swung to a 2010 third-quarter profit of $666 million compared to a net loss of $220 million a year ago due to

The Chubb Corporation announced that Kathleen M. Tierney will succeed Andrew A. McElwee Jr. as chief operating officer of Chubb Personal Insurance, effective immediately.

Claims Magazine is twittering every day about breaking news and timely topics -- not to mention keeping readers up to date on what's being posted on claimsmag.com.

The property and casualty industry has been through tough economic times, a slow recovery and "unparalleled" government expansion, but has "weathered the economic storm," an industry executive said here.

Caribbean islands hit by the storm Tomas--which reached hurricane status over the weekend before weakening to a tropical storm--are expected to sustain less than $100 million in economic damages, catastrophe modeler EQECAT said.