News

The New York Insurance Department reported that state residents insured through health maintenance organizations are seeing their premiums go up an average of 17 percent this year.

Swiss Re said worldwide natural catastrophes and man-made disasters, which killed 15,000 people last year, cost insurers $26 billion, $26.5 billion less than the firm reported for 2008.

Companies looking for an easier way to stay in compliance with state regulations and avoid penalties just got some help.

The National Equipment Register (NER) announced the launch of a new Web site as part of its effort to help owners and insurers fight heavy equipment theft.

Marsh & McLennan Agency LLC announced it has acquired Thomas Rutherfoord Inc. Financial terms were not released.

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