Insurance trade groups are seething over plans by regulators to move ahead this weekend with a proposed rule requiring insurers to make assessments of climate change impact on their customers and inve

Asked if the move was to bolster the company financial picture, Katie Monfre, a company spokesperson, repeated the firm's statement that the offerings were sold "to raise capital to expand the volume

The bill sponsored by State Sen. Patricia Wiggins, D-Santa Rosa, has come under fire from the American Insurance Association (AIA), Personal Insurance Federation of California (PIFC) and the Associati

Bermuda-based XL said Mr. McGavick will fill the slot created last October when Mr. O'Hara, CEO for the last 13 years, announced he would step down as CEO by mid-2008. In reaction, a Bank of America

Melvyn I. Weiss, the high-profile attorney who with his firm led giant class-actions against insurers and other corporations, has agreed to a $10 million fine and a sentence of up to 33 months for ill

Bermuda-based ACE Ltd. announced that it will move from its original corporate domicile in the Cayman Islands to Switzerland to protect its reputation, secure a better tax situation and have an improv

State Rep. Kevin Ryan, D-Montville, who chairs the Labor and Public Employees Committee, made his comments concerning two measures that the American Insurance Association said would "add costs to the

Mark Schussel, a spokesman for the Warren, N.J.-based Chubb Group of Insurance Companies, said that in order to get the service, policyholders must first enroll, "because we need authorization to