Among items noted by the Property Casualty Insurers Association of America (PCI) was a 486 percent budget increase for commissioner travel--which jumped from $156,000 to $760,000. PCI said this repres
Members of the National Association of Insurance Commissioners (NAIC) elected 2009 officers: o Roger Sevigny, New Hampshire insurance commissioner, is president. Sevigny was appointed New Hampshire insurance commissioner in 2003. Prior to that,
Alan Kubitz, RIMS Chicago Chapter president and director of risk management at The HAVI Group LP, said, "RIMS Chicago Chapter Scholarship would not be possible without the support of our dedicated cha
Alan Kubitz, RIMS Chicago Chapter president and director of risk management at The HAVI Group LP, said, "RIMS Chicago Chapter Scholarship would not be possible without the support of our dedicated cha
Bermuda-based Axis Capital Holdings Limited announced today it would acquire the business and operations of the Australian managing general agent Dexta Corporation Pty Ltd. Financial terms were not di
Bermuda-based Axis Capital Holdings Limited announced today it would acquire the business and operations of the Australian managing general agent Dexta Corporation Pty Ltd. Financial terms were not di
GRAPEVINE, TEXAS--A proposal by insurance regulators, that met stiff insurer opposition, to have carriers include data related to climate change impacts in their Annual Statements has been modified, tr
GRAPEVINE, TEXAS--The new National Association of Insurance Commissioners president said the group's focus in the coming year will be on the interconnected issues of insurers' solvency and consumer pro
After announcements that American International Group had adopted voluntary restrictions on executive compensation that eliminate management bonuses this year, a Maryland congressman is demanding
For this column, we asked readers to respond to the possible ethical questions raised when producers accept contingent commissions for delivering a certain volume or quality of business as part of