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Expanding potential liability for employers and their employment practices insurers, the U.S. Supreme Court gave the green light to an employment case involving the use of tests that have a disparate impact on a protected employment class.

Lloyd's estimates net claims from the Deepwater Horizon explosion in the Gulf of Mexico to range between $300 and $600 million. The company added that its net claims before tax from the earthquake in Chile are about $1.4 billion.

William Berkley, who heads a group of U.S. insurers working to close what they see as a tax loophole for foreign insurers, suggested that critics are launching empty threats to thwart his coalition's efforts.

Insurers plan to invest $84 million, on average, over the next three years to improve their multi-channel distribution strategies, according to findings of a global survey by Accenture.

With hurricane season set to begin June 1, the nation's weather service predicted an above average season, with an increasing likelihood of a major storm reaching the shores of the U.S.

IBM unveiled a packaged software offering to help insurance carriers boost client service, increase agility, optimize business efficiency, and better manage risk.

Given the number natural and man-made catastrophes already omnipresent in today's news, it hardly seems fair to point out that tropical storm season is here, and by most predictions, will be a season to remember.

Learning from changes that occurred through the financial crisis, insurers are looking for agile systems that can change with the marketplace, but carriers also must incorporate customer intelligence into their decisions, analysts said.