News

Responding to the earthquake in Haiti, insurance industry firms are arranging to provide the devastated nation with millions in financial aid from their companies and employees.

The workers' compensation indemnity costs for injured workers aged 65 and older are generally lower than younger employees because they are generally paid less, according to a new study.

A new Scottish court decision means insurers with exposure in the United Kingdom Scottish market face potentially elevated asbestos claims costs, which is a credit negative, Moody's Investors Service said.

The U.S. property and casualty insurance industry has a problem attracting talent and fails to make the coordinated effort needed to find a remedy, according to McKinsey & Company.

At the 14th annual P&C Joint Industry Forum, experts talked about how the industry is able to focus on its core business of transferring risk and paying claims amid the economic crisis.

In response to high fuel prices, several car makers are introducing a smaller class of vehicles. But these cars may be prime candidates for totaling out, and the potential impact of more total losses on the collision repair marketplace could be huge.