United Nations report stresses the need for action on climate change

Climate change may be a controversial issue in the world of politics, but the insurance industry is betting on dramatic weather becoming a reality in…

Global insurance programs have significant challenges to overcome if they want to be viable

The global insurance industry is an ardently regulated entity. Most nations have strict laws and rules concerning insurance and have a great deal of interest…

Insurer santalucía trusts SAS® to help address Solvency II and integrate risk management

MADRID – Building on its successful use of SAS in actuarial activities, Spanish insurer santalucía will use SAS Risk Management for Insurance to help meet…

Pennsylvania insurance regulators move to liquidate First Sealord Surety Insurance

The Pennsylvania Department of Insurance has announced that it will be liquidating First Sealord Surety Insurance. The state’s Commonwealth Court yesterday approved a petition from the…

Federal Insurance Office anticipated report on modernizing insurance regulations delayed

The Federal Insurance Office was supposed to submit its much anticipated report on the modernization of insurance regulation to Congress in January, but the agency…

Willis Group claims captive insurance companies could be key to future of insurance industry resiliency

The global insurance industry is undergoing extreme change. The change is brought on by the rapidly evolving risks that the industry is facing. As risk…

U.S. Department of Labor allows more time for insurers to comply with federal law

Insurance companies are pushing for lengthy delays in the enactment of a law that would require them to summarize the benefits plans they provide. According…