The board of IPC Holdings Ltd. has finally agreed to a merger proposal from Validus Holdings Ltd. after spurning an initial offer and multiple court battles with its corporate suitor.
New Jersey Governor Jon S. Corzine has appointed Neil Jasey as interim commissioner of the Department of Banking and Insurance (DOBI), effective immediately.
While the struggling economy has left its mark on virtually every line of property and casualty insurance, the collector car niche remains stable and is even growing.
The problem with securing data and insuring its safety is there is simply so much more stored electronically these days that opportunities for outside hackers or insiders to steal information off a company's computer systems are growing exponentially.
The National Conference of Insurance Legislators has amended its model credit scoring legislation to require that insurers give a break to people hit by extraordinary events such as job loss and serious illness.
The National Conference of Insurance Legislators (NCOIL) has approved a resolution declaring that any federal consumer protection unit that is created should not regulate insurance.
The National Conference of Insurance Legislators (NCOIL) heard proposals at its latest meeting for the establishment of mutual bond insurance companies that would be financed by the federal government.
The National Conference of Insurance Legislators said it will move forward on completing proposed controversial model acts concerning standards for aftermarket crash parts.
The National Conference of Insurance Legislators has agreed to delay a review of model legislation dealing with employers who misclassify employees to dodge workers' compensation insurance.
Munich Re is among 12 companies that have signed a Memorandum of Understanding (MoU) to look into developing carbon-free power generation in North Africa that would meet around 15 percent of Europe's electricity requirements.