News

While American International Group is the only property and casualty insurer expected to be deemed "systemically important" under financial services reform, that designation is expected to diminish over time, Moody's said in a recent report.

Insurance carriers are increasing their reliance on metrics as they manage their business and are not relying strictly on their own numbers, according to Jeffrey Rieder, president of the Ward Group.

The use of social media by surplus lines insurers and agents to promote business is advertising, a legal expert explains in a National Underwriter special feature this week.

Crawford & Company has confirmed that GCG has been retained to assist Feinberg Rozen, LLP with Mr. Ken Feinberg's role as the administrator of the Gulf Coast Claims Facility.

American International Group said it will sell its majority interest in its consumer lending business, American General Finance, and take a pre-tax loss of $1.9 billion in the third quarter from the transaction.

The American College of Occupational and Environmental Medicine soon will release the Third Edition of its Occupational Medicine Practice Guidelines: Evaluation and Management of Common Health Problems and Functional Recovery in Workers.