The report, authored by Mark Watson, managing director at Moody's, pointed out that increasing regulation is forcing insurers to improve their governance and risk management practices. Boards, the rep

The report, authored by Mark Watson, managing director at Moody's, pointed out that increasing regulation is forcing insurers to improve their governance and risk management practices. Boards, the rep

Businesses believe terrorism insurance is a valuable risk management component, so slightly more firms have purchased it and retained it despite property insurance rate increases in 2005, according to

Steve Smith, senior vice president for ReAdvisory, a service of reinsurance broker Carvill based in London, said all indicators point to an above average hurricane season for 2007. He said this year's

Agents groups have issued strong criticism of comments by a risk manager's group that called for the elimination of agent contingent commissions due to what it termed an inherent conflict of interest

Agents groups have issued strong criticism of comments by a risk manager's group that called for the elimination of agent contingent commissions due to what it termed an inherent conflict of interest

The 22-page report--written by former Missouri Insurance Commissioner Jay Angoff--is based on recent annual reports from the top-15 medical malpractice insurers as rated by Oldwick, N.J.-based A.M.

The decision by seven carriers to end six years of litigation and rancor and settle claims by the developer of the World Trade Center site's reconstruction is a positive move for insurers, removing a