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India plans to set up a fund of up to $368.4 million to back local insurers in offering cover to refiners who process Iranian crude, three government sources said, as sanctions discourage global reinsurers from taking on the risk.

A New York state appeals court on Tuesday cleared the way for bond insurer MBIA Inc to pursue a fraud lawsuit against Bank of America Corp over toxic mortgage securities.

Staying abreast of new scientific data about nanomaterial risks and regulatory developments will help ensure appropriate underwriting decisions and loss mitigation.

Catastrophe modeling firm AIR Worldwide announces the availability of Public Risk Services, a new consulting service to support the needs of public sector institutions and stakeholders charged with managing catastrophe risk. John W. Rollins, vice president at AIR Worldwide, will head the new service group.

Catastrophe modeling firm AIR Worldwide announces the availability of Public Risk Services, a new consulting service to support the needs of public sector institutions and stakeholders charged with managing catastrophe risk. John W. Rollins, vice president at AIR Worldwide, will head the new service group.

Effisoft, a reinsurance software vendor, is making a major push for North American business by setting up its North American headquarters in Dallas and founding Effisoft USA Inc. Based in Paris, the worldwide company has more than 300 clients in five continents and 15 countries, including the United States.

Effisoft, a reinsurance software vendor, is making a major push for North American business by setting up its North American headquarters in Dallas and founding Effisoft USA Inc. Based in Paris, the worldwide company has more than 300 clients in five continents and 15 countries, including the United States.

The advantages of cloud-based services are rapidly becoming more appealing for insurers, and now is definitely the time to consider all the options. The cloud provides insurers the flexibility to respond quickly to changing market needs and customer demands without additional investments in capital or technology infrastructure. In short, it...