The sentencing of an Allstate insurance adjuster and his co-conspirator in Texas accused of diverting $1.3 million in claims payments into their own pockets was delayed until August at the request of

Allied World Assurance Company, Ltd., has suspended its chief underwriting officer as a result of an investigation launched by the Attorney General of Texas stemming from the company's relationships w

NEW YORK--Catastrophe bonds and other risk securities are seeing steady growth and appear to have a bright future, said industry experts, despite opinions to the contrary that the vehicles were fated t

NEW YORK--Property-casualty insurers looking for clear-cut guidance for their catastrophe risk decisions were given much to think about after yesterday's session sponsored by The Bond Market Associatio

An organization devoted to developing a national insurance catastrophe backstop program will begin a push with individual states by opening a New Jersey chapter to lobby for creation of a state cat fu

Mississippi's casinos appear poised for a rebound, in part thanks to claims settlements paid the industry ruined by Hurricane Katrina, but one broker wonders if carriers will hedge their bets and hold

In a report issued by Standard & Poor's today, the New York-based rating service said the casino industry is poised for a strong comeback in Mississippi, with most of the state's casinos readying to r

Paris-based insurer Axa announced it plans to acquire Winterthur Group from the Zurich-based banking firm Credit Suisse Group in a cash deal for some $10 billion, while leaving the ultimate fate of