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WASHINGTON--The House Financial Services Committee yesterday made its first move toward modernizing the insurance regulatory system, approving legislation designed to ease the regulatory burden on surp

IBM has introduced a new grid-computing product to help life insurance companies cut the time needed to run complex insurance model scenarios. Called IBM Grid and Grow for Actuarial Analysis, the

"State lawmakers are signaling they realize prosecutors can dismantle accident rings far more effectively with a targeted fraud law that helps them apply constant pressure against gang members in cour

Speaking during Marsh's Webcast today, "Property-Casualty Insurance--Market Update--Third Quarter 2006," Jill Dalton, managing director in Marsh's North America property practice, called today's commerc

The figures for 2004 (the most recent year for which data is available) continued a trend that began after 2000, when workers' comp insurance costs and benefits relative to wages were at their lowest

Bermuda-based Aeolus Ltd. today announced its entry into the global reinsurance market with an initial capitalization of up to $500 million financed by a group led by Warburg Pincus and the company's