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
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
The most prominent myth is that privately owned companies don't need D&O coverage--and a number of them believe this. Buyers are convinced that only public companies need D&O insurance to protect the
With more experts putting numbers to the possible insurance liability impact of the subprime mortgage crisis last month, the figures are starting to mount, with estimates ranging from $3 billion to
The most prominent myth is that privately owned companies don't need D&O coverage--and a number of them believe this. Buyers are convinced that only public companies need D&O insurance to protect the f
Rip Van Winkle, Washington Irving's 1820 tale attributed to old Diedrich Knickerbocker, tells of a rather lazy New York Dutchman named Rip who resided in the Catskills.
A recent decline in stockholder class-action suits is more likely due to a 1995 litigation reform measure than financial and accounting requirements of the 2002 Sarbanes-Oxley Act, the drafter of the
WASHINGTON--A recent decline in stockholder class action suits is more likely due to a 1995 litigation reform measure than financial and accounting requirements of the 2002 Sarbanes-Oxley Act, the draf