News

SCOR reported 2009 fourth-quarter profits increased 163 percent compared with the period in 2008, citing improved investment returns and risk management.

Extended disruption of commerce and construction material shortages will inflate the multibillion-dollar cost of rebuilding Chile's quake-damaged areas, said Risk Management Solutions.

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.

Four auto insurers in Massachusetts have reached a settlement with State Attorney General Martha Coakley's Office to return an expected $9 million to consumers for alleged overcharges.

A workers' compensation insurance rate hike request for Massachusetts that has drawn the fire of the state attorney general would be the first increase in nine years, said the industry group proposing it.

Catastrophe risk modeling firm AIR Worldwide estimates that insured losses in France, Belgium, Germany and Netherlands from winter storm Xynthia will be between EUR1.5 billion ($2 billion) and EUR3 billion ($4 billion).