XL Capital announced last night that it expects to take fourth-quarter charges in the range of $1.5-to-$1.7 billion related to credit market exposures--principally coming from an investment in Security

Insurance company executives and regulators faced off over whether the state oversight system should be reformed or tossed entirely during an impromptu exchange between two sets of panelists at a

Everest Re Group said yesterday that it plans to book a pretax fourth-quarter charge of $311 million to strengthen asbestos reserves, but that net income overall for full-year 2007 will come in about

Insurance regulators from two coastal states sparred over what the federal government's role should be in solving catastrophe insurance problems, with one saying Uncle Sam should have none until the

At the Property-Casualty Joint Industry Forum Wednesday, Thomas Wilson, chief executive officer of Northbrook, Ill.-based Allstate, during a panel addressed a question regarding the lack of product in

NEW YORK--Insurance regulators should put limits around the industry's use of credit scoring but not outlaw it, four commissioners agreed here yesterday, including one who said political forces pushed

NEW YORK--Insurance regulators from two coastal states sparred yesterday over what the federal government's role should be in solving catastrophe insurance problems, with one saying the government shou

North Pointe Holdings Corp, a Southfield, Mich.-based specialty insurer that counts bowling centers and skating rinks among its underwriting niches, said late yesterday that a unit of QBE Insurance Gr