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Rory Carvill, chairman of the parent company R.K. Carvill (International Holdings) Ltd., cited rising costs and economic conditions when notifying clients in a letter written yesterday that the 31-yea

The National Association of Professional Insurance Agents said it is seeking nominations for three national awards that will honor agents and service representatives who exhibit distinction in their f

The 2008 Atlantic Hurricane Season officially comes to a close on Nov. 30, marking the end of a season that produced a record number of storms consecutively striking the United States. The season

Editor's Note: As part of an expanded editorial approach, Claims is offering first-run, feature-length articles on our web site before they appear in our monthly print issue. These articles will be

Universal said the new company, American Platinum Property and Casualty Insurance Company, will write homeowners' multiperil and inland marine coverages on homes valued in excess of $1 million, which

Insurers, when they decide to outsource the job of investment manager to a third party, rely less on a structured selection process and more on their trust and comfort level with the outsource operat

American International Group has responded to critics of the company's decision to make payments to retain certain executives, noting that it could lose valuable employees and even reinsurance contrac

Economists with the firm said that in 2008, the insurance sector successfully weathered the financial turmoil, but as market uncertainty could continue well into 2010, the industry needs to preserv