News

Most property-casualty and life insurers find growing and keeping business their biggest challenge and are reacting to the recession by increasing cash allocation and strengthening risk management, a survey finds.

A.M. Best Co. has revised the outlook for Selective Insurance Group and its seven property-casualty pooling members to negative from stable, citing weakened operating results and sizeable investment losses and impairment charges at year-end 2008.

The platform allows plan providers, third party administrators (TPAs) and plan sponsors a solution to view participant accounts holistically as an entire plan with multiple providers. Through a

NU Assistant Managing Editor Caroline McDonald discusses results of yet another enterprise risk management survey and is somewhat dismayed by its findings.

Magazine publisher and former Republican presidential candidate Steve Forbes told an industry conference here that insurers should choose who will regulate them.

Treasury Secretary Timothy Geithner cautioned today that the government's involvement with American International Group is likely to be lengthy.