News

One of the liveliest debates on NU Editor In Chief Sam Friedman's blog has been about Associate Editor Mark Ruquet's columns questioning the use of credit scoring in insurance underwriting. Readers re

He noted forecasts that 2006 profits for property-casualty insurers could be the best in 51 years at up to $60 billion, with return on equity of 14.5 percent. However, he warned that "despite our

SunGard has acquired Carnot, AG. of Frankfurt, Germany, a provider of business process management (BPM) software that helps enterprises model, deploy, execute, monitor, and optimize their business

Property insurance was the only line of business that increased in the third quarter, representing a continuation of trends in the past two quarters, according to the Risk & Insurance Management Socie

The company reported on Thursday that net income rose from a loss of $66 million, a loss of $6.16 per share last year, to $162 million, or $15.01 a share in the third period--a more than 300 percent in

John "Jack" T. Sinnott, vice chairman, office of the chief executive officer, plans to retire, effective Dec. 31, according to the New York-based professional services company Marsh & McLennan Compani