The extent of insurers' exposure to professional liability claims from the subprime mortgage crisis remains uncertain--and one factor that's fueled the collapse of that market is mortgage fraud, an exp

William Miller, senior vice president and actuary for ACE USA in Philadelphia, told colleagues attending a meeting of the Casualty Actuaries of Greater New York here last week that issues like

If Merrill Lynch didn't know the value of the assets on their books and had to take an $8 billion-plus write-down for subprime mortgage-related securities, how can directors and officers insurance

With more experts putting numbers to the possible insurance liability impact of the subprime mortgage crisis last month, the figures are starting to mount, with estimates ranging from $3 billion to

New York--Pricing actuaries face a number of tough challenges beyond sparring with underwriters over how much they can drop insurance rates when property-casualty markets turn soft, a veteran of the pr

New York--Pricing actuaries face a number of tough challenges beyond sparring with underwriters over how much they can drop insurance rates when property-casualty markets turn soft, a veteran of the pr

NEW YORK--While underwriting results have started to deteriorate, property-casualty insurers will still make about $28 billion in underwriting profits this year, the president of the Insurance Informat

NEW YORK--While presenting a generally rosy forecast of underwriting profitability for the property-casualty industry, the president of the Insurance Information Institute said he has growing concerns