News

W. R. Berkley Corp. has named Kenneth J. Berger president of the environmental division of Berkley Specialty Underwriting Managers LLC.

Terry Fleming was named president of the New York-based Risk and Insurance Management Society, Inc. (RIMS) for 2010.

Auto insurance customers are typically more satisfied with their claims experience than homeowners insurance customers, a new J.D. Power and Associates study finds.

AIG is apparently retreating from spinning-off its Chartis property and casualty insurance group as a separate entity, while the Treasury's special master has allowed one company employee a raise.

The revelations surrounding Tiger Woods' infidelities has helped one insurance broker promote a new insurance product aimed at corporations that place a major portion of their branding campaign behind a celebrity figure.

The P&C insurance industry's consolidated net income through the first three-quarters of 2009 improved dramatically--a 272 percent turnaround compared to the same period last year--although experts said there are plenty of signs for caution ahead.