American International Group, after delaying its third quarter report, said today that net income for the period fell 36 percent, or $968 million, from ...
Continuing a road show for his concept of a national catastrophe insurance system, California Insurance Commissioner John Garamendi talked up the program at an ...
The extraordinary events of the last two years==producing $100 billion of catastrophic claims==will require catastrophe modelers to modify assumptions about storm frequencies and intensities, ...
The insurance business absolutely needs federal support for terrorism insurance, but it does not need a national catastrophe fund, three insurance executives advised an ...
Florida Chief Financial Officer Tom Gallagher unveiled proposals today for state and federal action to strengthen the state's property insurance market and increase protections ...
Fitch Ratings is re-evaluating insurers' use of catastrophic risk models, saying the current programs are inadequate for developing a true picture of a carrier's ...
Strong investment income and relatively modest catastrophe losses helped fuel a 30 percent increase in net income for Cincinnati Financial Corp.'s third-quarter financial results.The ...
Management turmoil and sharp hurricane losses have prompted downgrades by major rating agencies of RenaissanceRe Holdings Ltd. Standard & Poor's, A.M. Best, Fitch Ratings ...