WASHINGTON--Republican presumptive presidential candidate John McCain voiced opposition to a bill proposing a national risk pool for natural catastrophes, and a Florida Democratic congressman rebuked h

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

It's decision means that more than 40,000 homeowners in North Carolina will have to scramble for new coverage starting Sept. 15. Farmers is the ninth largest homeowners' insurer in the state, a compan

The decision potentially impacts more than 40 conversions dating from 1986 with proceeds to shareholders exceeding $200 billion, according to a Minnesota CPA who advised his Rockville, Md.-based clien

WASHINGTON--The financial troubles that mortgage finance company Freddie Mac revealed yesterday have been caused in part by the shaky condition of monoline mortgage insurer Financial Guaranty Insurance

Mr. Lehrer said in his paper that such sales would reduce the government's role in insuring against flood losses. He wrote that at the same time such action would "deprive the government of a revenue

WASHINGTON--American International Group is by far the heavyweight amongst multiline insurers in lobbying Congress, spending $2.75 million in the second quarter alone in lobbying expenses, according to

NAMIC has led the initiative to have the level increased to $1.971 million to reflect the last 22 years of inflation and to include an annual cost-of-living adjustment for future years, according to M