News

Almost 80 percent of property and casualty executives in a survey said their processing of medical claims could be improved, a consulting firm has found.

The top players speaking at NU's annual P&C Executive Conference last week were a lot feistier and combative compared to last year's far more introspective and downbeat lot, says Editor Sam Friedman in his blog at www.NUSamSoapBox.com.

Insurers have experienced alarming decreases in return on assets and face legislation and other forces making their business increasingly competitive, a consulting firm report has found.

Canal Insurance Company, a commercial truck carrier, announced that John Pollock has been elected the new president and chief executive officer to replace retiring CEO Charles M. "Chuck" Timmons, Jr.

Aon insurance brokerage said the company likes the job that President and Chief Executive Officer Greg Case is doing so much that it has signed him up for another five years.

Pennsylvania regulators said they will take legal action against Kingsway Financial Services, Inc. over its attempt to shed its ownership of troubled Pennsylvania insurer, Lincoln General Insurance Company.