New Jersey property-casualty insurance firms and other industries are objecting to a proposed regulation that would require the installation of what they term expensive and uniform information securit

William Stander, assistant vice president and regional manager for the Property Casualty Insurers Association of America (PCI), said the group had urged the governor not to sign the bill because such

The Department of Insurance granted hearings on both a proposed 6.8 percent rate increase by GeoVera, California's largest independent earthquake insurer, and a proposed 25 percent increase in Fireman

While regulators continued to grapple with the issue of modifying the 100 percent collateral requirement for alien insurers, they seemed unable to decide on whether to incorporate the issue into a

Allstate's first hurricane-linked catastrophe bond was given a Standard and Poor's "double-B-plus" rating yesterday as the firm joined a long list of carriers to use that mechanism for backup reinsura

"Moody's nevertheless expects Progressive to continue to achieve solid returns on equity as the company's expense ratio advantage and its superior underwriting skills and pricing segmentation capabili

Depending on the system, a perfect score can be 990 (Vantage) or 850 (FICO). The average credit score for U.S. consumers with no late auto payments is nearly 100 points higher than for those who have

William Stander, Tallahassee-based regional manager for the Property Casualty Insurers Association of America, said "the OIR is seeking to prohibit insurers from using credit information by making it