Experts at Aon contend that the risk industry must develop mitigation and financing strategies in order to continue offering value to clients to remain viable and relevant.
Insurance consultants were shocked recently to learn that Obama administration rules allow large companies to offer 2015 worker health plans that don’t include hospital benefits. Now the Obama administration is concerned too.
MetLife has provided a $150 million agricultural mortgage loan to one of largest domestic producers and traders of farm commodities in Brazil.
United Property & Casualty Insurance Company has initiated the takeout of more than 37,000 personal and commercial residential policies from Citizens Property in Florida, and has been approved in six more states.
Prosperity Life Insurance Group and SBLI USA Life Insurance Company, parent firm of Roanoke, Va.-based Shenandoah Life, have completed their previously disclosed transaction under which Prosperity has acquired SBLI USA.
A conservative public interest law firm sued the D.C. health exchange for letting members of Congress get health insurance through their small-business portal, even though each chamber on Capitol Hill employs thousands of people.
Life settlements have become an accepted asset class among institutional investors and financial advisors, with a number of favorable market conditions setting the stage for sustained growth of the industry, according to industry experts.
Homeowners, personal articles and automobile coverage rates all increased in September, according to MarketScout.
The composite rate for commercial insurance coverage in the U.S. rose an average of 1.5% in September 2014.
Ames & Gough, a Boston insurance broker and risk management consultant announced it has acquired the business of Bixby Insurance Agency, Inc., a Providence, R.I., insurance agency serving architects and ... Read →
Chief financial officers from North American property & casualty P&C insurance companies identified capital utilization as their top business priority, according to a new P&C insurance CFO survey conducted by Towers Watson.
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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.
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.