News

Revising its estimate upward, Eqecat catastrophe modeling firm said it now estimates economic damage from Tuesday's earthquake in Haiti to be in the low-single-digit billions of dollars.

A property and casualty insurance industry initiative has been launched nationwide to increase independent insurance agencies' use of the real time system.

Controversial compensation disclosure rules proposed by the New York State Insurance Department could still spark a lawsuit if that agency fails to make changes, an agent group said.

Medical costs per workers' compensation claim increased in Florida in 2005 and 2006, new study reveals.

ACE Group has joined the insurance sectors' growing list of charitable givers for Haitian relief by announcing that ACE Charitable Foundation will donate $250,000.

Faced with the continuation of a soft market in 2010, 93 percent of insurance carriers surveyed are increasing their investment in automation technologies to improve operational efficiency, according to a recent survey.