While it remains a buyer's market for risk managers, the steep decline in premiums on top of weakening investment returns are delivering a double-whammy to insurer profitability, prompting one rating
The 6.1 percent decrease in premiums for property insurance essentially repeated first-quarter price decreases for renewals, even though forecasters now predict a severe hurricane, Advisen officials s
The falling dollar is the best thing that could have happened to the U.S. economy, given today's difficult circumstances, former U.S. Treasury Secretary John Snow ...
In the classic political satire, "Duck Soup," Groucho Marx, as Freedonia's proud leader, Rufus T. Firefly, tries to borrow money from Sylvania, assuring the ambassador ...
How's the market for directors and officers (D&O) insurance? It all depends on whom you're talking to--and who your customer is. Increased litigation from the subprime meltdown has helped to create a bifurcated market, divided into
A competitive insurance market is not the only force fueling the design of new directors and officers liability products, according to experts, who say consumer demand is also creating a market for
A competitive insurance market is not the only force fueling the design of new directors and officers liability products, according to experts, who say consumer demand is also creating a market for
With nearly 30 U.S. domiciles available, along with offshore options, risk managers looking to set up a captive have a virtual smorgasbord to choose from, with cost and geographic location being the
With multibillion-dollar estimates of professional liability losses related to the credit crisis proliferating, insurers heard more bad news, as experts said recent pro-defendant Supreme Court