News

Warren L. Farrar was named president and chairman of the Chartered Property Casualty Underwriter Society (CPCU Society) during the association's 66th annual meeting this week in Orlando, Fla.

American International Group (AIG). has started speaking with federal stakeholders in the company about a plan to repay taxpayers.

Late last week Allstate Insurance Company was informed it is the subject of a whistleblower lawsuit filed more than three years ago.

Lloyd's reported a 52.4 percent decrease in 2010 first-half profit compared to last year, attributing the decrease to high catastrophe losses.

The Professional Insurance Agents of New York is conducting briefing sessions with members throughout the state to discuss the status of talks between it and the state insurance department regarding new producer disclosure regulations.

The Collision Industry Electronic Commerce Association (CIECA) recently held their second implementation conference, and prevalent themes revolved around cost reductions; cycle time and outcome improvements; data ownership; and information privacy.