Search Results

Speaking at the Joint Industry Forum in New York City, heads of Allstate, State Farm and Nationwide came out in varying degrees in favor of the proposal to provide federal and state backing for natura

Chances of Congress passing major asbestos litigation reform suffered a critical setback tonight when legislation creating a trust fund for asbestos injury claimants failed to overcome a Senate proced

Monster hurricanes spur debate over natural disaster

NAIC Pitched On New Disaster ApproachIndustry skeptical, but Allstate and two top regulators keep pushing all-perils planChicagoIndustry representatives greeted a proposal for a national ...

WHAT IS the proper role of government in insuring disasters--both natural and man-made? That has been one of 2005's great debates in the insurance business. This year's unprecedented hurricane season has renewed calls for a federal backstop for

Change is universal, impossible to avoid, and usually quite necessary. While most change is good, however, some change is irresponsible and does harm.

As the Dec. 31 expiration date of the Terrorism Risk Insurance Act looms, Liberty Mutual has launched a web site aimed at spurring commercial insurance policyholders to take active roles in lobbying for the act's extension.

Insurers Skeptical About New Cat SystemTop executives nix idea of national catastrophe fund; favor unfettered marketBy Susanne SclafaneNew YorkThe industry doesn't need a national ...