Enservio, a provider of software and services to property insurers, announces the United States Patent and Trademark Office has awarded the company a patent for the insurance industry's first co-party activation debit card for insurance claims payments. The card has already been utilized to settle over $100 million in claims....

Insurers Generali and Zurich will invest in a Spanish bank set up by the government to manage toxic property assets, three sources familiar with the situation said.

Insurers Generali and Zurich will invest in a Spanish bank set up by the government to manage toxic property assets, three sources familiar with the situation said.

Global P&C insurance-pricing trends have led to modest gains for Marsh clientswith the U.S. leading price increases of more than 2 percent, says an executive with the industrys top insurance brokerage.