Robert A. Kerzner, president and CEO of LIMRA, told association members that the life insurance industry must examine changes in consumer demographics and expectations, and explore those impacts on the financial services industry.
Guy Carpenter & Company and Oliver Wyman have released their 2014 Insurance Risk Benchmarks Research: Annual Statistical Review, the first in a two-part series that provides detailed analysis and insight on the property/casualty industry.
FINRA has censured and fined Merrill Lynch divisions $6 million for violating regulations and procedures.
Most organizations are facing rising threats in their information security risk environment, but over a third have no real-time insight on cyber risks necessary to combat these threats, according to EY.
Despite improved prospects for U.S. growth,Americans are still "holding back" as investors and potentially risking their financial future, particularly hopes for a secure retirement, according to results of the BlackRock Global Investor Pulse Survey.
First Keystone Risk Retention Group Inc., an insurer of taxi and other commercial vehicle coverage in Pennsylvania, New Jersey, Maryland and Virginia, has been ruled insolvent and will be liquidated by the South Carolina Department of Insurance.
MetLife Inc., the largest U.S. life insurer, said third-quarter profit more than doubled on growth in its home market, fueled by investment results.
Net income rose to $2.09 billion from $972 ... Read →
The Obama administration has opened a new health-insurance portal to small businesses in five states after a yearlong delay of the Affordable Care Act’s online marketplace for small-employer health plans.
The biggest challenge in selling cyber insurance is educating businesses about the need for cyber coverage, according to a new survey conducted by Hanover Research and sponsored by ISO.
Twenty percent of benefit plans will trigger the “Cadillac” tax provision under the Affordable Care Act (ACA) by the year 2020, according to a new study from Truven Health Analytics.
Wolters Kluwer Financial Services has unveiled lists of the top criticisms found on U.S. property and casualty and life and health insurance market conduct actions, as recorded by state insurance regulatory agencies.
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A New Jersey woman pleaded guilty for submitting fraudulent healthcare claims that totaled more than $500,000 to her insurer over a two-year span. Read »
Federal authorities have accused a central Pennsylvania insurance agent of running a decades-long investment scam that conned 30 clients out of more than $1.5 million.