Superstorm Sandy's effect on property insurance pricing was muted in the first quarter of 2013, but underwriters are scrutinizing storm and flood risks more closely, according to a study by Marsh Inc.
Property worth more than $6 billion was within the track of the massive tornado that ravaged areas around Oklahoma City Monday, AIR Worldwide Corp. estimates.
Zurich American Insurance Co. has no obligation to provide defense costs for a lawsuit it only learned about more than a year after it was filed, under the clear language of its policy, says an appellate court, in affirming a lower court ruling.
An appeals court cited what is known as the cat's paw theory of liability in reinstating a gender discrimination and retaliation lawsuit by a Louisiana State University police officer.
Defined benefit pension plans have consistently earned higher rates of return than defined contribution plans — predominately 401(k) plans, according to an analysis released Wednesday.
Willis North America, a unit of Willis Group Holdings P.L.C., on Wednesday announced the launch of its private medical and voluntary benefits exchange.
As hurricane season approaches, third-party catastrophe modelers are upgrading their offerings, affording risk managers and insurers a greater array of data and more control over the assumptions that underpin the models' predictions.
Insurers’ efforts to manage volatility in their solvency ratios to comply with Europe’s pending Solvency II regime may instead introduce new risks, Moody’s Investors Services Inc. said in a report released Wednesday.
The recent cyber attack on the daily deals website Living-Social.com demonstrates the vulnerability of online business operations, Internet security experts say.
AmWINS Group Benefits is launching a new voluntary benefits practice that will be headed up by Robert Shestack, who joined the Charlotte, N.C.-based division of AmWINS Group Inc. this year.
Insurers and employers are awaiting a rehearing on whether Florida's limit on temporary workers compensation benefits is unconstitutional, arguing that an earlier ruling could raise costs by $65 million a year.
CorVel Corp. had a right to remove a California doctor from its workers compensation medical provider network after the doctor failed to respond to utilization and peer review requests for unauthorized treatments, a California appellate court has …