United States property and casualty insurers paid a record $27.3 billion for insured property losses to homeowners and businesses from 22 catastrophic events last year.
U.S. property and casualty insurers are expected to pay homeowners and businesses an estimated $2.1 billion for insured property loss claims from eight catastrophes in the first quarter of 2005.
As anecdotal evidence regarding adverse underwriting decisions spreads among insureds by word of mouth, many are complaining to their departments of insurance and their elected representatives.
Many security and safety issues focus on employees, and hiring and retaining the best employees is a major concern of all businesses, as well as a major insurance issue.
Hurricane Dennis will cost insurers about $900 million in four states, the Insurance Services Office announced.The Jersey City-based ISO's Property Claim Services division said ...
Corporate attitudes toward employees and customers can affect everything from the productivity of the employees to the quality of the products or services that they produce.
Insured damage estimate onshore less than $4B; insurer solvency issues remainBy Mark E. RuquetWhile modeling firms put estimates of onshore insurance losses related to ...
Berkshire Hathaway announced that its subsidiary, General Re Corp., terminated the consulting services of Ronald E. Ferguson, its former chief executive officer, after he ...