Two-thirds of insurance executives and analysts believe that the recent mergers of St. Paul/Travelers and John Hancock/Manulife indicate heightened industry consolidation activity, according to a
The year ahead is likely to be another profitable one for property-casualty insurance as a whole--but the big question is how long the party will last, given the industry's competitive drive and the
Liberty Mutual Group said yesterday an external review has found the company's exposure to asbestos claims is less than other commercial insurers, and its reserves do not require further strengthening
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
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
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