News

It's time for independent agencies that do an outstanding job selling insurance and providing risk management services for their clients to prepare their entries for the National Underwriter 2009 "Commercial Insurance Agency Of The Year" award program.

Insurance business process outsourcing is expected to increase 67 percent by 2013 on a global basis, primarily from growth outside of North America and the United Kingdom, according to a Celent, a Boston-based financial research and consulting firm.

Technology solutions can provide strong support for an enterprise risk management process, concluded an executive report released today by the Risk and Insurance Management Society.

Eliot Spitzer the former New York governor and attorney general, who used to blister American International Group in press releases, is now hitting the company as a member of the press over a "scandal."

Florida CFO Alex Sink said she is "unimpressed" with auto insurers' justifications for using credit information in determining rates, and she voiced support for bills that would ban the practice.

The Montana Captive Insurance Association, Inc. (MCIA) said that a measure passed by the legislature that eases requirements for captive operations should strengthen the state's position as a captive domicile.