Industry News
Verisk to Commercial Property Insurers: We’ll Make the Follow-Up Calls for You
Verisk Insurance Solutions - Commercial Property announced last week that has introduced a service called PhoneAssist in response to industry requests for help with follow-up calls to insureds on ...
Fear of Being Fired Among Predictors of Workers Comp Outcomes: WCRI
Workers compensation researchers have identified anxiety over being fired and other new predictors of worker outcomes that they say can help public officials, payers and health care providers improve ...
A market conduct examination is a formal review by a state insurance department of how an insurer operates in the...
Marsh Rumored to be Targeting Alexander Forbes of South Africa
Marsh Ltd., the insurance unit of New York-based Marsh & McLennan Cos, has expressed interest in bidding for closely held Alexander Forbes Ltd. of South Africa, according to three people familiar ...
Allstate Estimates More Than $700M in Cat Losses for 2Q So Far
The Allstate Corporation announced $440 million of estimated pre-tax catastrophe losses for the month of May 2014 last week (or $286 million after taxes). The Northbrook, Ill.-based company said 11 ...
Florida Private Flood Bill Now Law But Market May Take a While to Develop
Florida Gov. Rick Scott has signed legislation designed to encourage private insurers to offer flood insurance, but the industry is tamping down expectations that it will result in a viable market in ...
Marsh Enhances Claims Process With Launch of Pre-Approved Panel Counsel
In an effort to make the directors and officers liability claims process more efficient and collaborative, Marsh has announced the launch of a new Marsh D&O Panel, which will give clients facing ...
Emerging Global D&O Claims Trends
Directors and officers claims are increasing here and in other parts of the globe, according to insurance industry experts. Claims centered on merger acquisition, healthcare service vendor operations ...
Deutsch Taking Chief Strategy Officer Role at Hamilton Seeking Growth Beyond Bermuda
Hamilton Insurance Group announced Thursday that insurance and financial services veteran Bob Deutsch will be joining the company in the newly-created position of Chief Strategy Officer. Deutsch, who ...