Risk Management

After taking into account estimated Thailand-flood losses at Swiss Re and Munich Re, Moodys Investors Service says it expects the event to meaningfully hit the reinsurance industrys fourth-quarter results, but notes that it should also add to the current momentum for price hardening.

After taking into account estimated Thailand-flood losses at Swiss Re and Munich Re, Moodys Investors Service says it expects the event to meaningfully hit the reinsurance industrys fourth-quarter results, but notes that it should also add to the current momentum for price hardening.

Insurance representatives sitting on three separate panels failed to provide a consensus on what the role of the Federal Insurance Office should be in insurance regulation.

House Republicans Thursday proposed packaging a five-year National Flood Insurance Program extension into a deal that would extend expiring tax cuts.

A panel of the House Financial Services Committee has reported out legislation to the full committee that would significantly restrict the ability of federal regulators to get financial information from insurance companies.

Yesterday, while walking along the beautiful Hudson River in Hoboken, N.J., I couldnt help but reflect on my 11 years working for National Underwriter. In fact, my anniversary falls next week. The view here, just a short walk from our office, is one of the best in the world.

Governments and companies are broadly agreed that Europe's new Solvency II capital rules for insurers should take effect in January 2014, a year later than originally planned, British Financial Secretary to the Treasury Mark Hoban said on Thursday.

Claims professionals report their cases are closing faster, printing and mailing costs are eliminated and expenses associated with preparing an arbitration filing have been reduced through web-based subrogation.