As part of the deal, Lloyds has agreed to increase its lending by an additional £14 billion over the next 12 months, and made a similar commitment for 2010

ACORD says an individual with the ACORD Certified Expert designation has received a consistent training, passed the exams required for the designation, and is up to date on the latest ACORD standards and versions.

Fitch trims Aflac’s rating citing concerns about the insurer’s investment portfolio.

Capital District Physicians' Health Plan and Excellus BlueCross Blue Shield are the latest New York insurers to be named in the suit against Ingenix Inc.

Rep. Barney Frank says separate federal charter for life insurers under consideration.

The bill would include coverage for wind damage in coastal regions, but critics say the legislation includes unintended negative consequences.

The life insurer will use products designed to enable portfolio replication to calculate enterprisewide economic capital across its asset and liability portfolios.

A cyberliability insurance underwriter is one of 20 alternative fields where computer professionals’ technical knowledge will be advantageous, according to IT career book.

Net income dropped 67.7% for the P&C industry in 2008, while net unrealized capital losses totaled $51.7 billion for the life industry, according to a new study from Highline Data.

The scandal-ridden software provider has received the green light to sell a 51% stake of itself.

The struggling insurer reportedly is engaged in talks with Sun Life Financial to sell its life insurance and annuity operations.

Senators openly doubted whether AIG ever poised a systemic risk to the economy at a House Financial Services Committee meeting yesterday.

Majority of CIOs anticipate keeping current staffing levels.

Bill sponsor says legislation may include mandatory charter for “systemically significant” companies.

Workers in the insurers’ IT division have claimed a multi-million dollar lottery prize.

The new system will expose existing legacy assets as Web services, delivering patient liability information immediately to physicians and providers.

Association representing property/casualty insurers says creating a systemic risk regulator is a good idea.

Association says further lending to the troubled insurer will distort market.

A new study recommends that life insurers integrate a five-tiered approach to improve advisor performance.

As builders increasingly incorporate sustainability into construction projects, insurers need to be aware of the risk implications.