Underwriting & Pricing
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 ...
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 ...
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, ...
Will Biggert-Waters Save the Flood Insurance Program? No, It’s Not Even Close
The Biggert-Waters Flood Insurance Reform Act (Biggert-Waters) was enacted in 2012 with the goal of reforming and thereby saving the National Flood Insurance Program (NFIP). It is a well-meaning and ...
AIG’s Mortgage Insurer Woos Business Amid FHA Shutdown
American International Group Inc.'s mortgage insurer, whose biggest rival is a U.S. agency, is wooing borrowers with the prospect that they'll avoid delays tied to the partial government shutdown. ...
Entertainment Insurers Re-Tune Policies After Michael Jackson Case
When Britney Spears takes the stage this December for the first of a heavily hyped 100-show two-year residency at Planet Hollywood in Las Vegas, the loudest cheers may come from her insurance ...
Government Shutdown Could Jeopardize Economic Recovery: CEOs
Chief executive officers at companies ranging from Honeywell International Inc. to JetBlue Airways Corp. said that a prolonged shutdown of the U.S. government has the potential to jeopardize the ...New York’s Regulator Urges Obamacare-Like Standardization of Homeowners Policies
Homeowners' insurance needs to be more standardized because customers are confused about what their policies protect, New York's financial regulator said. Few fully understand all the complexities of ...