News

Willis Group Holdings plc insurance brokerage said it has extended the contract of Chairman and Chief Executive Officer Joseph J. Plumeri for two more years.

A new survey of consumer internet usage indicates that property and casualty insurers seeking customers online should target those aged in their thirties.

After years of downward trending, securities suits jumped 13 percent in 2009, adding to a dramatic increase in litigation at the peak of the economic crisis in 2008, Advisen Ltd. said.

The Obama administration's proposed new tax, that would hit insurers with assets of $50 billion or more, will have a modest dollar cost and credit impact on the insurance industry, Moody's Investors Service said.

Workers' compensation costs per claim for injured employees' medical care grew rapidly in California in 2006 and 2007 after years of post-reform decreases, according to a new study.

Property and casualty insurers could easily be trapped in the "wave of political populism" sweeping the country in the wake of the nation's economic and leadership crises, an insurers' association leader warned