News

U.S. insurers should be proactive in developing improved solvency practices given the expected change in the regulatory landscape, said Donald Light, senior analyst for Celent insurance group.

The Chubb Corp. said it has established a $500,000 fund for disaster relief efforts related to the earthquake in Haiti.

Fiscal crises and unemployment, underinvestment in infrastructure, especially in energy and agriculture, and chronic disease were identified as the upcoming areas of risk by the World Economic Forum.

Any health care legislation with language eliminating antitrust exemptions for health and medical malpractice insurers will hurt consumers, the National Conference of Insurance Legislators has warned Democratic leaders.

Insurance experts at an industry conference said the property and casualty sector had performed remarkably well between 2007 and 2009, three of the most challenging years for the economy in decades.

It feels insensitive to focus on the "good" news about little insured losses in Haiti, says Editor Sam Friedman, who is seeking out stories about how the industry might be helping the quake-ravaged island at www.NUSamSoapBox.com.