A property-casualty insurance trade group said today it backs Securities and Exchange Commission efforts that could lead to the adoption of International Financial Reporting Standards (IFRS) for trade

Christine Ziehmann, director of model management at Newark, Calif.-based Risk Management Solutions, said forecasts suggest Hanna will gradually re-strengthen to hurricane intensity before striking the

A.M. Best Company in Oldwick, N.J., based on early estimates of $2 billion to $10 billion of insured losses, said it does not expect the impact of Gustav "to change the current competitive dynamics fa

News that Alabama Insurance Commissioner Walter Bell is taking a post with a giant reinsurer raises questions of influence and undermines public confidence, consumer representatives charged in a

The rates that were deemed acceptable Tuesday by the state insurance department reflect the increase in benefits that goes into effect Jan. 1, 2009, said NCCI State Relations Executive Dennis Kokulak.

The announcement of the new attraction came from Bermuda-based RenaissanceRe Holdings, its U.S. affiliate WeatherPredict Consulting Inc., and partners the Federal Alliance for Safe Homes Inc. (FLASH),

Crashes involving lighter vehicles generate more expensive auto injury claims, a nonprofit insurance industry-backed research group reported, and said the finding could offset accident frequency decli

Nuri "weakened before passing almost directly over the city, bringing little more than gusty winds and heavy rain. Damage reports have been restricted to strewn debris, downed trees and, in isolated c