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.
As rescuers searched for survivors in tornado-ravaged Moore, Okla., insurance industry experts said they expect Monday's massive tornado to result in large insured losses.
Marsh Inc. has launched a directors and officers liability insurance program for international organizations.
(Reuters) — LPL Financial L.L.C. must pay a total of $9 million for significant email system failures and making misstatements to the Financial Industry Regulatory Authority, Wall Street's watchdog.
The Michigan State Senate has approved legislation that would extend the state's controversial 1% tax on paid health care claims for another four years.
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.
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.
Brown & Brown Inc. has acquired rival Beecher Carlson Holdings Inc. for approximately $336.5 million in net consideration, the brokerage announced Tuesday.
The recent cyber attack on the daily deals website Living-Social.com demonstrates the vulnerability of online business operations, Internet security experts say.
The U.S. Justice Department has accused a New York fish processor of repeatedly flouting regulators' orders to prevent “life-threatening” bacteria from contaminating its products.
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 …