News

A bird with a broken neck prompts NU Assistant Managing Editor Caroline McDonald to suggest that risk managers take the high road in such situations--which can also generate some good-will towards an organization.

In response to the New York insurance superintendent's inquiry into its derivatives activities prompted by its CEO's recent op-ed article, Allstate has provided an affidavit showing that it has been operating with full knowledge and approval of the state.

If it is looking to make a deal to raise capital, Hartford Financial Services Group could sell its property-casualty insurance operations for up to $9 billion, according to a UBS analysis issued after reports the company is shopping the property.

Alex Soto received the IIABA's Woodworth Memorial Award here last week for his years of service and contributions to the independent insurance agency system.

The major impact on insurers from an offshore tax avoidance crackdown announced today by the Obama administration appears to be a proposal restricting a deduction of costs for financing foreign operations, according to industry sources.

A survey of offshore firms that perform property-casualty insurance company functions finds they are expecting U.S. firms to send them more work providing first contact with claimants, as well as additional actuarial support.