Property-Casualty Insurance News
Warren Buffett, at a news conference in Bengaluru in 2011, lavishly praised Berkshire Hathaway executive Ajit Jain for smoothly running much of the conglomerate’s insurance businesses.
Buffett, the billionaire chief executive … Read →
The 2015 winter season will certainly test insurers’ claims handling capabilities and processes as they scramble to adjust and monitor the status of all the claims.
Insured losses in 2014 were at the lowest level seen since 2009, according to Guy Carpenter.
Selective Insurance Group appointed Douglas T. Eden as executive vice president, head of commercial lines.
The Internet domain “.insurance” should be available to to the industry late this year, for use only by verified insurance industry members.
New Jersey Assemblyman Tim Eustace (D-Bergen/Passaic) has introduced a bill that would prevent insurance companies from raising a customer’s insurance premium based on a single claim.
Admiral Insurance Company announced that Daniel Smyrl has been named vice president of the Mt. Laurel, N.J., branch.
AssuredPartners Inc. has acquired Amtech Insurance Brokers, based in Latham, N.Y.
Fueled by abundant market capacity and an improving economy, the commercial property and casualty insurance market should remain stable and profitable in 2015, according to Wells Fargo Insurance.
New York’s Department of Financial Services released a report on cyber security in the insurance industry and a series of measures that DFS will take to help strengthen cyber hacking defenses at insurers.