Insurance

Legislation would create powerful new regulator.

A Watermark Consulting study finds definite positive impact in customer-focused business strategies.

Richard Calvert and Warren Puffer will help lead the insurer's North America Commercial Environmental business.

The union will allow Big "I" Markets engineers access to ACEC Business Insurance Program.

By opening channels for customer interaction, USAA shows that it's keeping customer care front and center.

Despite soft market conditions and a contracting economy, the U.S. commercial lines insurance market remains relatively stable, notes A.M. Best.

Company remains the only major insurance company in the world to offer underwriting through loss prevention engineering.

Against looming regulatory reform, PCI says time is critical to employ a more holistic look at what caused our economic failure, and what did not.

Texas agent named ACSR of the year.

Research from One Call Medical finds medical costs, accountability and education are the biggest hurdles.

Experts say global response necessary for biggest firms.

Bill seeking to amend McCarran-Ferguson Act now focuses solely on health insurers.

One of the plan's proposals is to adopt real-time analysis of claims and payments data to identify waste, fraud and abuse in health programs.

Unitrin Inc. reached an agreement with Physicians Mutual to sell Reserve National Insurance Co., its health insurance subsidiary that specializes in accident and health insurance products and Medicare Supplement insurance. “We believe that Reserve National is a very good fit with Physicians Mutual,” says Don Southwell, Unitrin’s chairman, president and CEO. “While Reserve National has performed well since we purchased it in 1998, we do not have the scale in health insurance to compete effectively in the years ahead.”

Knowing that relationships with producers can make or break and insurer, Montgomery Insurance, a Liberty Mutual Agency Markets regional company, developed an online training and development resource for agency partners to grow their businesses. Agent Learning Center is designed to alleviate the time and financial constraints that agencies face in developing new producers and staff.

Dallas-based Lockton Dunning Benefits announced the appointment of Sheri Pixley to the newly created position of EVP and practice leader. Pixley's role was created to lead the growing team of associates directly servicing clients in the ongoing pursuit of superior client service, clear accountability and consistent innovation, the company says.

President Barack Obama laid out the first detailed legislative proposal for health care reforms to the United States’ $2.5 trillion medical care system this morning with an approach that largely follows the Senate’s version of legislation proposed in December.

With their successes in the United States, U.S. health insurers should review growth opportunities overseas, specifically Asia and Europe, according to analysts at Conning Research & Consulting.

After getting wind of unauthorized sale of health insurance products to approximately 2,500 Floridians, Florida Insurance Commissioner Kevin McCarty has ordered seven companies and some of those companies’ officers to stop selling health insurance in the state.

The Group of North American Insurance Enterprises (GNAIE) executive director Douglas Barnet took to the podium at the 12th Global Conference of Actuaries to rally for the use of earned rate for discounting life insurance contracts.