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Ironshore will be the majority shareholder of Wright & Co., and will appoint a majority of Wright & Co.s Board of Directors.
July 6 -
The president of the Federal Reserve Bank of Chicago said last week that financial institutions should be forced to buy capital insurance, or issue debt that could be converted into equity in a crisis.
July 6 -
The bank will offer VantisLife's products through the insurer's online platform.
July 6 -
A report from Datamonitor suggests the economic downturn presents an opportune time for insurers to invest in green IT.
July 2
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The storm clouds that tend to visit America’s Atlantic and Gulf coasts each autumn may have a silver lining for reinsurers based in Bermuda. A new report from New York-based Deloitte, which features analysis from Standards and Poor's reinsurance director Laline Carvalho, says a variety of factors have quelled reinsurers' appetite for risk, which will result in higher prices for reinsurance.
July 2
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The developer of what may well be the world’s first mass-produced “flying car” is discussing a range of options with underwriters from several companies in an attempt to come up with an affordable insurance policy for this hybrid vehicle/aircraft.
July 2 -
The use of flawed databases operated by Ingenix Inc. to determine out-of-network health insurance reimbursement rates was widespread across the nation, according to a new report of the Senate Commerce, Science and Transportation Committee.
July 2 -
Richmond, Va.-based Genworth Financial says its U.S. mortgage insurance business was seeing positive results from the Obama Administration's Home Affordability Refinance Program (HARP).
July 2 -
Minneapolis-based UnitedHealth Group says better use of technology can take a bite out of nation's health care tab.
July 2 -
The Healthcare Billing & Management Association (HBMA) presented findings from a survey aimed to find out how billing services and health insurers work together to manage claims processing.
July 1 -
Insurance.com reports an increase to $1,884, while CarInsurance.com reports an increase to $1,884.
July 1 -
Aon Benfields July Reinsurance Market Update report shows catastrophe-exposed programs outside of the United States remained firm.
July 1 -
After accepting the funds, Fitch Ratings downgraded the insurer due to its exposure to the volatile credit and investment market conditions.
July 1 -
Carriers willing to consider replacing legacy systems with cloud computing initiatives can reap many benefits.
July 1
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The new head of the AIA, Leigh Ann Pusey, weighs in on a bevy of legislative issues pertinent to the insurance industry.
July 1
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Insurers are finding new parts of the enterprise suitable for business analytics.
July 1
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If insurers succeed in excising all elements of risk from within their own walls, they may in turn run the risk of stifling learning and creativity.
July 1 -
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Eight million Americans now opt for self-directed health plans, according to new survey.
July 1
