News

Insurance agents and brokers should focus on the medical loss ratio benchmark set for carriers in health care reform legislation because that will determine their future commissions.

New York Gov. David A. Paterson said he will push to revive the defunct New York Insurance Exchange to help "maintain New York's status as the financial capital of the world."

An earthquake off the coast of northern California is not expected to produce significant numbers of insurance claims, according to a catastrophe modeler.

Financial analysts say many insurers' inadequate financial reporting could hurt them by stirring uncertainty about their financial condition and business drivers, PricewaterhouseCoopers reported.

Two big challenges for the London Market this year--modernization and the European Union's new Solvency II regulations--will be closely linked and interdependent, International Underwriting Association's chief executive in London predicted.

Lewis & Clark LTC RRG, Inc., of Atlanta, a national provider of liability insurance to long-term care facilities, has merged with Sophia Palmer Nurses RRG, Inc.