Policy adminstration

Are we really heading toward a day when we’ll all be zipping around in airborne automobiles? Probably not.

Slated to commence services in 2010, the new company, backed by affiliates of The Blackstone Group, Goldman Sachs and Credit Suisse, will target middle market.

The Retail Agent—E&S Market Initiative has released new guidance for managing general agents and wholesale brokers in a report titled, “Roadmap to Effective General Agent (GA) Web sites.”

The Obama administration's push to eliminate the thrift charter may force large insurers that own thrifts to convert or divest.

Cindy Knight will work with financial professionals in Colorado, Nebraska and Wyoming to distribute the company's 401(k) plans to the corporate market.

Chris Olie comes to Plymouth Rock from Progressive Insurance.

Social networking sites such as Facebook are already key for many insurers attempting to increase brand awareness and engage in a dialogue with consumers.

Moody’s, A.M. Best and the New York Stock Exchange reflect—and affect—perception of a number of insurers and brokers, including AIG and Prudential.

The new standards will force insurers to finally use one consistent, global standard to measure and report on their financial performance.

Rob Brown will retain his role as CEO of Aon Corporate & Affinity.

The product's features and tools are designed to improve carrier implementation and ease of maintenance.

Designed specifically for small to medium-sized commercial trade and general contractors, the product will offer standard and customized coverages.

Association says Homeowners Defense Act may spur risk in storm-prone areas.

Legislation seeks to reduce overlapping regulations in the nonadmitted market.

The insurer designated May as Global Month of Service, expanding its long-standing tradition of giving back.

Ironshore will be the majority shareholder of Wright & Co., and will appoint a majority of Wright & Co.’s Board of Directors.

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.

The bank will offer VantisLife's products through the insurer's online platform.

A report from Datamonitor suggests the economic downturn presents an opportune time for insurers to invest in green IT.

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.