News

Cooper Gay Group and Swett & Crawford confirmed they are in "advanced deal discussions" on a merger that would create the world's largest independent global wholesale and reinsurance broker.

BlueWave Technology, a provider of property/casualty claim software, has released an update to its PipelineClaims product.

It might be a good idea for states, cities and other municipal entities to have their risk managers elected by the voting public, suggests NU Editor Sam Friedman in his blog today at www.NUSamSoapBox.com.

The vast majority of reinsurers globally are entering the U.S. hurricane season trading below book value, making bondholders in the sector particularly vulnerable, Moody's Investors Service warns in a report released today.

Nearly 44 percent of small firms are operating without a business continuity strategy in case of disaster, and almost two-thirds have never even spoken to their insurance agents about contingency planning, a survey by Travelers revealed.

May property and casualty premium costs showed slight moderation in their downward trend compared to the previous two months of this year, according to MarketScout's monthly rate barometer.