News

Claims Magazine is twittering every day about breaking news and timely topics -- not to mention keeping readers up to date on what's being posted on claimsmag.com.

Thomas Kunkel, of Travelers Companies, Inc., was named chairman of the Surety & Fidelity Association of America.

Endurance Specialty Holdings Ltd. announced that Michael Fujii, the chief executive officer of its worldwide insurance operations, is retiring.

American International Group's sale of American International Assurance (AIA) Group, one of it two pan-Asian life insurance subsidiaries, to Prudential Plc of the United Kingdom appears to be in jeopardy.

Prudential Plc withdrew its offer to purchase American International Group's International Assurance Group (AIA) Asian life insurance subsidiary.

A survey of statutory underwriting results of 19 U.S. property and casualty reinsurers found that net premiums were down 9.4 percent with the combined ratio increasing by 6.7 points.