News

Older drivers are not involved in as many automobile accidents or fatal crashes as was anticipated by the Insurance Institute for Highway Safety (IIHS).

Older drivers are not involved in as many automobile accidents or fatal crashes as was anticipated by the Insurance Institute for Highway Safety (IIHS).

First-quarter U.S. property and casualty insurers' net income improved by more than $10 billion over the same period last year despite the challenges of a soft market, according to industry figures released today.

There won't be significant premium growth until this moribund economy gets going again, but should government print more money to make that happen, wonders NU Editor Sam Friedman in his blog at www.NUSamSoapBox.com.

With tornadoes last week in the Midwest and fires in Arizona this week, 2010 is shaping up to be a busy year disaster wise for insurers, with one incident already getting a catastrophe designation.

A group comprised of members from the insurance industry, environmental organizations and consumer advocates has written lawmakers urging them to oppose the Homeowners Defense Act.