PERILS, the independent Zurich-based insurance catastrophe aggregator company said it has launched its Industry Loss Index Service for European windstorm events.

California Insurance Commissioner Steve Poizner said an inquiry has revealed state insurers hold $12 billion in indirect Iran-related investments and he will push them to divest, leading another regulator to say Poizner's effort should go national.

P&C insurers may be hit by a swirl of claims arising from swine flu that include actions against homeowners and businesses, a medical malpractice defense attorney predicted.

Columbus, OH-based Nationwide Insurance announced in October that Mark Pizzi was assuming the role of president for the company, effective immediately.