New legislation and structuring for captives in a number of domiciles has made formation of captive facilities--once limited to large global organizations--attractive to smaller companies as well.
If there is one thing that is continually stressed in any discussion about catastrophe management for insurance agencies, it is having a plan in place and knowing what it is.
Ensuring that the NFIP remains in force--at least through a short-term reauthorization--is the priority for property and casualty industry lobbyists as Congress returns next week for what is expected to be a brief but turbulent session.
If you still think bedbugs are onlya problem for the great unwashed living in squalorous tenements, read the news. Your customers probably already have, especially ...
British Petroleum (BP) said it made claim payments of nearly $400 million during the 16 weeks it managed claims related to the oil spill in the Gulf of Mexico.
Legislation introduced in the Senate on July 29, which would split the difference on "wind vs. water" claims after a hurricane, appears to be generating little support within the P&C insurance industry.
Last week, State Farm introduced a widget for Android smartphone users that allows drivers to automatically reply to incoming texts that are received while on the road.