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In a letter to the National Association of Insurance Commissioners, PCI senior Washington lobbyist Julie Gackenback said some portions of the program did not merit support while stating that "now is t

Allstate Chairman and Chief Executive Officer Edward Liddy, continuing his campaign for a federal catastrophe fund, told a group of reporters in Washington that his industry lacks the capacity to hand

Filed last week, the bill by State Sen. Michael Balboni, R-East Williston, would create a New York fund that would involve a public-private partnership providing a backstop for the state's property-ca

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

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

The head of the Property Casualty Insurers Association of America said in an interview yesterday that his organization will shortly unveil details of its plan for a national property insurance catastr

Other panelists were Patricia H. Roberts, president and chief executive officer for General Star excess and surplus lines in Stamford, Conn., and Todd Evans, a principal specializing in third party ad

Homeowners insurers in Mississippi are expected to pay close to $5.5 billion in claims from Hurricanes Katrina and Rita, an amount equal to all homeowners insurance premiums paid in the state since 19