The chief executive of Zurich-based ACE Limited reasserted that U.S. insurance regulation by states should end, citing the hit-and-miss quality of individual venues as one reason for his position.

Prima Solutions has announced the availability of several support offerings to help insurance organizations build applications using the ACORD Information Model.

While true merger and acquisition activity in the property-casualty insurance industry isn't occurring at the pace of prior soft markets, a form of consolidation is occurring, fueled by concerns of agents and brokers, an insurance executive said.

Public sector entities are seeing more lawsuits over issues such as school violence, police brutality and global warming as the financial crisis deepens and plaintiffs look for deep pockets, experts advised.