Under the current valuation system, companies value their liabilities according to 100 percent of their present value, which Mr. Olsen said makes for greater consistency and comparability of liabiliti

Changing corporate governance practices and excess capital in the insurance market that have softened rates for directors and officers liability insurance may now send them plunging, according to a

Mr. Small said that excluding those items, and taking into account foreign exchange and unrealized investment losses, the company missed the analyst estimate due to greater than expected expenses driv

Mr. Small said that excluding those items, and taking into account foreign exchange and unrealized investment losses, the company missed the analyst estimate due to greater than expected expenses driv

In the latest MarketScout report general liability rates were found to have dipped the most at 9 percent, while commercial auto declined only 3 percent. Both commercial property and business interrupt

Reacting to AXIS' results, Bank of America securities analyst Tamara Kravec wrote that "the key takeaway for us is that Axis generated most of the upside from better-than-expected current period under

Karen Cutter, State Farm's Alabama vice president for agencies, said the 2004-2005 catastrophes have shown that "we must continue to manager our property-loss exposure along the coast for the sake of

Delaware's insurance regulator will decide in two weeks whether to approve the controversial spin-off of Royal & Sun Alliance's U.S. subsidiary--a move critics fear would jeopardize payments of World T