The Napa Valley earthquake in August offered another instance of a well-known phenomenon: Homeowners are radically underinsured against natural disasters. Are there ways to deal with this problem? Research shows that homeowners can be persuaded to consider insurance simply by recharacterizing the risks they face.
Property/casualty insurers in North America are increasingly looking to hire people with advanced degrees in analytics and data science to work on big data projects, according to a new study sponsored by ISO.
Neil M. Sullivan, former assistant commissioner for life and health with the New Jersey Department of Banking and Insurance and a long-time insurance executive, has joined the regional law firm of McElroy Deutsch Mulvaney & Carpenter.
AssuredPartners has acquired Crawford Advisors, an employee benefits agency based in Hunt Valley, Md.
The disappearance of Malaysia Airlines flight MH370 and other losses this year have increased aviation insurance claims to 10 times the cost of annual premiums, Lloyd’s of London said.
Global insurance ... Read →
Twenty-nine percent of independent insurance brokers claim their businesses have been injured by Obamacare, according to a new survey.
Thirty-three percent of the respondents also said they are considering getting out ... Read →
The National Association of Health Underwriters Education Foundation announced a new initiative to stimulate demand for value-based healthcare purchasing among the nation’s health insurance brokers and their employer clients.
Warren Heck, who has led GNY Insurance Companies for years, will reportedly retire at the end of the year.
Chief financial officers (CFOs) from North American life insurance companies are starting to reassess their capital management practices in order to make their programs more efficient, according to a new life insurance CFO survey conducted by Towers Watson.
American International Group Inc. named Kevin Hogan to lead its main life-insurance business, putting him in charge of offerings for individuals, as new Chief Executive Officer Peter Hancock shakes up ... Read →
New York’s financial regulator said on Monday his agency will focus on cyber security over the next year, saying the possibility of a systemic attack to the financial system is ... Read →
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A Little Falls, N.J., insurance adjuster admitted that he conspired with a claims manager for the New Jersey Turnpike authority to steal at least $900,000, federal prosecutors say.
The former president of a Battle Creek, Mich., insurance agency should appear in court Thursday after he was arrested Wednesday on embezzlement charges.