WRM America Holdings LLC, a specialty-lines property and casualty insurance and risk-management holding company, has reached a definitive agreement to acquire Fidelity National Financial’s flood and excess flood business—Fidelity National Indemnity Insurance Co. (FNII)—for $210 million.
One aspect of healthcare reform promotes the formation of provider organizations aimed at improving the quality of care and cost, but medical-malpractice insurers worry it could have a negative impact on their business, a recent broker’s report suggests.
o Peter Eastwood, president and chief executive officer of Lexington Insurance in Boston, said: "One does not need a crystal ball to foresee a diminishing demand for property insurance and liability
The focus on risk management has intensified as crises have roiled through markets, such as the collapse of major corporations due to mismanagement and daily developments on Wall Street arising from
The commercial insurance pricing cycle is bottoming out at last. But with the economy contracting, rates are not expected to start rising in general until the fourth quarter of this year, or perhaps
Alternative dispute resolution offers insurers and policyholders a quick, cost-effective alternative to litigation. Both mediation and arbitration are private and set no precedents. Yet despite these
Before I begin to opine on this topic, I'd like to say that I am not at all opposed to the concept of enterprise risk management. In fact, I have served on ERM committees and taken the classes in my