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

Attorneys for a stockholders' action against American International Group have reached a proposed settlement with the company that would drop claims against most directors, leaving only former AIG bos

Phoenix--A planned effort and a twist of political fate are helping the nation's surplus lines carriers increase their clout in Washington, according to a briefing delivered at an industry conference h

Phoenix--Insurers making plans to avert the legal perils involved with electronic documents and correspondence should include employee training on the destructive power of what they write, an expert ad

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

Democratic Gov. Kathleen Sebelius--citing concerns about the bill's effect on war-injured veterans and the fact that the state's workers' comp insurance rates are the seventh-lowest in the nation--vetoe

With $145 million in capital, Rock Hill doesn't want to be seen as coming into the marketplace and "causing disarray" because it failed to make intelligent use of the cash, explained Terry Younghanz,