The London-based Market Reform Group (MRG) has announced that use of the Insurers Market Repository for processing electronic claims files (ECFs) in the London market is behind in reaching its set target...
Medical malpractice claims have been on a steady decrease for the last five years, driven by significant drops in claims involving obstetrics and rehabilitation, finds a new report. Still, despite the...
With mounting challenges for agents and brokers on issues surrounding certificates of insurance, the Big “I” Board of Directors took the proactive step of adopting a board policy at a recent meeting to...
For the first time in three years, sales of U.S. Government Treasuries may possibly increase as the U.S. federal budget deficit expands, resulting in putting at risk what has been the biggest bond rally...
An historic contract with General Motors Corp. that will end GM’s obligation to provide retiree health care benefits to members of the United Auto Workers (UAW) and also establish a cash balance pension...
According to the Insurance Risk Study released today by Aon Re Global, a unit of Aon Corporation , all lines of insurance except personal auto have exhibited greater underwriting volatility than the one-...
Insurance Services Office Inc.’s Property Claim Services (PCS) unit announced on Thursday that property/casualty insurers are expected to pay U.S. businesses and homeowners an estimated $1.13 billion for...
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