New York regulators are expanding their investigation into the so-called force-placed insurance that target homeowners in financial distress. Benjamin Lawsky, the state’s superintendent for the financial services department, said Thursday that he has asked largest licensed force-placed insurers operating in … View full post on Insurance Journal » News
A recent bulletin points out that the “future of the MENA [Middle East North Africa] Insurance market remains bright, but the local insurance companies must start their transition from fragmented companies to become national champions and regional players now.” The … View full post on Insurance Journal » News
Despite delays and complaints the European Union’s Solvency II regulations, which cover the insurance industry, are slowly but surely moving forward. While most of the industry is primarily concerned with the regulations governing capital requirements – Solvency II’s “Pillar I,” the … View full post on Insurance Journal » News
View full post on Yahoo! Finance: Life Insurance Industry News
View full post on Yahoo! Finance: Life Insurance Industry News
Washington Mutual Inc. recently filed a lawsuit against a dozen insurance companies that had provided directors’ and officers’ coverage. The troubled bank holding company that just completed its Chapter 11 restructuring process says its insurers improperly denied D&O claims. Insurers … View full post on Insurance Journal » News
View full post on Yahoo! Finance: Life Insurance Industry News
View full post on Yahoo! Finance: Life Insurance Industry News
The nation's big insurers are spending millions to carry out President Barack Obama's health care overhaul even though there's a chance the wide-reaching law won't survive Supreme Court scrutiny. View full post on Yahoo! Health News
Reporting of cargo theft in the United states has improved thanks to data sharing by insurers, the transportation industry and law enforcement, according to an insurance industry tracking service. CargoNet, which was formed by Verisk Analytics and the National Insurance … View full post on Insurance Journal » News
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