SEATTLE--A top Lloyd's official warned insurers today that despite recent good results, they may be teetering on the brink of disaster unless they exercise financial responsibility, embrace globalizati

That finding and others are contained in "The U.S. Liability Report of 2006: A Review of Significant Events in Tort Law," produced by the Marsh & McLennan Companies subsidiary Guy Carpenter & Compan

The judge in New Orleans found that flood exclusion language in many insurers' policies was ambiguous and failed to account for water damage caused by third-party negligence--namely, poor levee constru

Mr. Kriedler, speaking here yesterday during the closing session of the Property Casualty Insurers Association of America's annual meeting, said he was in favor of a proportional voting system for mor

SEATTLE--Former Bush administration Health Secretary Tommy G. Thompson warned an insurance executives' conference here yesterday that the coming of a flu pandemic is a certainty and they need to take s

SEATTLE--An insurance trade group official briefing her membership today said that the Bush administration has reacted positively to the organization's lobbying for a terrorism backstop measure that ta

SEATTLE--In the wake of Swiss Re's June purchase of GE Insurance Solutions, the chief executive of the expanded U.S. operation said he is pleased at what he has found and the way the two entities have

SEATTLE--Capital market investors may be directing money into reinsurance now, but they will not be staying around long if rates change, according to one brokerage firm executive, whose view is not uni