News

A survey by the Risk and Insurance Management Society (RIMS) revealed the soft market is "far from over" but premiums declined less during the third quarter.

The PCIAA is voicing concern to the Treasury Department that its plan for making payments to and getting funds from insurers following a terrorism incident incorporates a "one-size-fits-all" approach that may not work in the real world.

Although economists generally do not expect sharp increases in inflation, insurers should develop plans to consider how they will respond if inflation surges amid record government spending and aggressive monetary policies, a new Swiss Re study states.

A new study from the Insurance Research Council (IRC) concludes that state-run residual markets have unintentionally provided the means for development in vulnerable coastal areas while some plans face an increasing risk of insolvency.

Allstate Corp. said it has reached a $10 million multi-state agreement to create what it calls an "education fund" for regulators.

Chief executives be advised that regulators are looking for you, but just for a friendly chat.