News

The leader of an insurance industry organization responded to a National Underwriter opinion piece, authored by a university professor, calling for greater transparency in homeowners insurance.

Sedgwick Claims Management Services Inc. and Factual Photo Inc. announced an agreement that the operations of Factual Photo will be acquired by a subsidiary of Sedgwick CMS.

New Jersey's top insurance regulator recently announced the creation of a new unit that will focus exclusively on insurance fraud.

Iowa Insurance Commissioner Susan E. Voss was named to become the next president of the National Association of Insurance Commissioners during its recent meeting in Orlando, Fla.

The independent auditor of the Troubled Asset Relief Program is questioning the Treasury Department's arithmetic as it relates to the government's projected losses on its investment in American International Group.

Alterra Capital Holdings Limited announced that Stephen J. Vaccaro Jr., chief executive officer of Alterra Specialty, was presented with the Service to Industry Award by the Professional Insurance Wholesalers Association of New York State (PIWA).