News

A Buffalo, N.Y., man is accused of using a whole lot of nothing to commit insurance fraud against Allstate.

Insured losses from the recent explosion of the Deepwater Horizon Drilling Platform in the Gulf of Mexico could reach $1.5 billion, according to Transatlantic Holdings, Inc.

No-fault auto insurance reform took center stage in a meeting between more than 100 insurance industry professionals and key New York state legislators, a joint statement of industry associations said.

The Reinsurance Association of America has named Pierre Ozendo, chief executive officer of Swiss Re America, as its board chairman.

Anxiety is growing within the agent and broker community about rules in New York going into effect in January 2011, requiring them to disclose to their clients information about compensation received from insurers.

In his role as Vice President for OneBeacon Professional Insurance, David Molitano manages four distinct lines of business: technology, media, network security, and miscellaneous professional liability.