News

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.

Do insurers and agents have any ethical obligations to communicate and explain the industry's lobbying positions to clients? Weigh in on NU's latest "Question of Ethics" on Editor Sam Friedman's blog at www.NUSamSoapBox.com.

America's Health Insurance Plans today urged Congress to revise current health care reform legislative proposals to focus more on cost controls and medical liability law changes.

The recession of 2008 has demonstrated that insurers understand their risks better than banks, an insurance executive advised at an industry conference.

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.

American International Group said employees have paid back close to $45 million in bonus payments that the taxpayer-supported company has asked to be returned.