The Latest

Eric Joost, CEO of Willis North America’s specialty practices, will continue to lead that unit and will report to Todd Jones, CEO of Willis North America.

Eric Joost, CEO of Willis North America’s Specialty Practices, will continue to lead that unit and will report to Todd Jones, CEO of Willis North America.

The total number of WC claims has been decreasing, but the percentage deemed “questionable” has been rising, and California generates the most, according to analysis from the National Insurance Crime Bureau.

With only seven days to go until October 1 and the official launch of the new public health insurance exchanges, a number of questions loom large. The biggest, by far, is would a government shutdown threatened by congressional Republicans also shut down the exchanges.

Allstate Corp. has launched QuickFoto Claim, a free mobile application designed to enable customers to settle auto claims based on the submission of smartphone photographs. QuickFoto Claim is available now in 10 South and Southwestern states, and the company said it will be available in the majority of states by year end.

Trôv’s technology and processes are designed to offer transparency into the value of insured items.

As consumers grow more demanding, insurers would do well to anticipate customer concerns and offer instruction on how to avoid them; but first, they need executive buy-in.

According to Fitch Ratings, the company’s U.S. life insurance subsidiaries currently maintain capital levels in excess of regulatory minimums.

As U.S. and European economies recover and Latin American and Asian markets emerge, premiums are expected to rise, however, according to a new report from PwC, insurers should not expect big returns, which places more importance on M&A in the coming three to five years.

Guy Carpenter says enhanced risk modeling is important for insurers seeking growth in emerging markets.