News

CHICAGO--Actuaries need to use more forward-looking methods, and auditors should allow some judgmental smoothing of results to avoid large medical malpractice reserve swings, an actuary expert suggeste

CHICAGO--Actuaries need to use more forward-looking methods, and auditors should allow some judgmental smoothing of results to avoid large medical malpractice reserve swings, an actuary expert suggeste

The Briarcliff Manor, N.Y.-based firm reported net income in the quarter rose $2.95 million, from $1.89 million, or 3 cents a share, to $4.84 million, or 8 cents a share. Revenues increased more than

However, Thomas Upton, S&P's property-casualty team leader, said that while there is a good feeling in the industry after an easy hurricane season, analysts have a concern that insurer casualty rates

Pierre Ozendo, chief executive officer of Swiss Re Americas division, said that from due diligence before the purchase, his company knew there were some segments where both companies had a presence,

CCC Information Services and SCA Appraisal have signed a letter of intent to develop a Web service interface between SCA and the CCC Autoverse Claims Services Network, allowing the two companies to