More than 70 percent of those attending a conference of U.S. medical liability insurers said they anticipate their primary rate levels will decrease this year, compared with 2007, while average freq
The collapse of the subprime mortgage market has sent directors and officers liability insurance rates for the finance sector skyrocketing--and the upward spike is likely to continue for the foreseeab
The amendment, introduced by Sen. Max Baucus, D-Mont., chairman of the Senate Finance Committee, if enacted would leave the estate tax at the 2009 level with a $3.5 million individual exemption and a
The amendment, introduced by Sen. Max Baucus, D-Mont., chairman of the Senate Finance Committee, if enacted would leave the estate tax at the 2009 level with a $3.5 million individual exemption and a
Willis said it won the contract to be the insurance consultant for operational assets of the project located in Sandouping, a region in the Hubei province of China. The project will be fully operation
He added that he is looking forward to building "the greatest insurance brokerage in the world. Each of my partners brings tremendous expertise and commitment to Willis. I am confident that the manage
He added that he is looking forward to building "the greatest insurance brokerage in the world. Each of my partners brings tremendous expertise and commitment to Willis. I am confident that the manage
The last time the National Flood Insurance Program came up for reauthorization, at the end of 2003, the program had to be temporarily extended twice before the House, Senate and Bush administration finally were able to reach a meeting of minds and
Fitch on Dec.21, 2007 placed the ratings on Rating Watch Negative, where they remain. Fitch noted then that the company has a modeled capital shortfall of $1 billion at the "triple-A" rating threshold
President George W. Bush gave the property-casualty industry a belated Christmas gift, signing a seven-year extension of the Terrorism Risk Insurance Act that adds domestic terrorist events to the