News

XL Capital CEO says disclosure rules won't ferret out fraudThe Sarbanes-Oxley Act's disclosure requirements won't detect accounting fraud, in the opinion of one of ...

A General Reinsurance executive became the second top player to confess in federal court this month to a role in a $500 million sham ...

Looming expiration may force carriers to limit risk via price hikes, market exitsNew YorkAs chances fade for extension of the federal backstop for terrorism ...

Fate of federal terrorism program may hinge on Treasury report due June 30WASHINGTONProperty-casualty insurers and commercial insurance buyers are finalizing battle plans to push ...

Ohio Democrats last week were demanding to know why the state's attorney general took nine months to move against a Bermuda hedge fund that ...

washingtonA total of 135 national and regional financial services firms--including a number of property-casualty insurance players from both the company and producer side--sent a ...

Regulators also address finite re statements and claims history debateBostonThe National Association of Insurance Commissioners closed the door last week on further tinkering to ...

NAIC maintains steadfast opposition, but former commissioners cut Congress some slackWashingtonThe National Association of Insurance Commissioners last week continued its policy of steadfast opposition ...