News

The U.S. Department of the Treasury is seeking comments on the long-term availability and affordability of terrorism risk insurance.

Changes in property and casualty insurance company employee compensation and further reductions in employee benefits at these firms are expected throughout 2010, according to a new study.

The official start date of the Atlantic hurricane season was June 1, but no flood policies have been issued or renewed because the National Flood Insurance Program has expired, said two insurance groups, calling for a long term extension of the program.

AIR Worldwide's latest U.S. hurricane model, Version 12.0, has been approved and certified by the Florida Commission on Hurricane Loss Projection Methodology (FCHLPM).

Given the pressure to scale back and increase the bottom line, it is more crucial than ever for insurance carriers to maximize subrogation recoveries. Two key strategies will enable carriers to move out of the red ink and into profitability.

While employers and employment practices liability insurers are currently preoccupied with fears over wage-and-hour claims,