News

In the wake of the 7.2 magnitude earthquake that struck Baja California, Mexico, there were no immediate reports of damage from San Diego or Los Angeles, but inspections of buildings and infrastructure are underway, a modeling firm said.

The National Association of Insurance Commissioners, in a dramatic about face, voted last week to let carriers file their climate risk disclosure survey responses on a voluntary, confidential basis.

The Risk and Insurance Management Society hailed the recent declaration by Marsh that it will not accept controversial contingent commissions in its U.S. core insurance broking segment

The AMS Users Group announced a makeover at its annual meeting, changing its name to NetVU to reflect the identity change of its software development partner, Vertafore.

Federal agencies are advising homeowners that "problem drywall," which has sparked thousands of claims, should be replaced along with other components the drywall may have corroded.

Nestle USA said it has secured a $1 million insurance policy through Lloyd's of London as part of an advertising campaign for its Butterfinger confection.