News

The cost of injury claims in the United Kingdom car insurance market has recently grown by nearly 30 percent annually, further stressing expense ratios and challenging many insurers' future profitability, according to Towers Watson.

A study conducted by a customer intelligence company concluded that a key driver of customer satisfaction with auto insurance providers is how companies handle the claim process.

The Treasury Department is moving quickly to create a Federal Insurance Office (FIO), with existing staff laying the groundwork while the department conducts a public search for a director, deputy Treasury Secretary Neal Wolin told Congress today.

Who won, who lost in the new Medical Loss Ratio regulations? Maybe everybody got a bit of good 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.