Industry News
Apollo, JC Flowers to Bid for Hartford’s Japan Unit: Reuters
Private equity firms J.C. Flowers & Co and Apollo Global Management are among a handful of companies expected to bid for Hartford Financial Services Group Inc 's Japanese annuity business, three ...
Top 10 Market Conduct Complaints Against P/C Insurers
Failure to handle claims within specified time frames and using unapproved forms and rates are the top two criticisms of property/casualty insurers by market conduct regulators, according to a new ...Morrill Joins Ironshore Board of Directors
Ironshore Inc. announced that Michael E. Morrill has been appointed to its board of cirectors, serving as chairman of the Underwriting and Risk Committee. Morrill is the former deputy chairman of ...
What to Expect in Commercial Lines Pricing in 2014: Willis
Commercial property insurance buyers could see prices fall from 10 to 20 percent on non-catastrophe risks in 2014 thanks to the influx of alternative capital to the insurance industry, insurance and ...NAMIC Names New Federal Affairs Director
John Hair, a veteran lobbyist with nearly eight years of experience, is joining the Washington, D.C., office of the National Association of Mutual Insurance Companies (NAMIC), a trade association ...
Researchers Question Privacy of Usage-Based Auto Insurance
A study by a handful of university professors in Colorado claims user-based insurance tracking programs installed in millions of vehicles can collect data that shows where drivers are going, ...
Iranian Trade with India Hit by Insurance Delay: Reuters
Oil and container trade between India and Iran has been disrupted due to uncertainty over insurance cover, leaving some ships stranded outside ports in both countries, industry sources said. The ...
P/C Stock Valuations Not Going Anywhere: Conning Research
While property/casualty insurance stock valuation levels are finally exceeding book values after four years of below-book levels, a near-term return to higher historical valuation levels is unlikely, ...