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Reinsurer Scor has lodged a complaint with the European Commission about what it considers Caisse Centrale de Reassurance's unfair dominance of France's natural disaster reinsurance market.
Reinsurer Scor has lodged a complaint with the European Commission about what it considers Caisse Centrale de Reassurance's unfair dominance of France's natural disaster reinsurance market.
The damage from two storms that caused major flooding and heavy rain across much of Mexico could top $5.76 billion, the highest ever cost from a natural disaster in the country, Mexico's insurers' association said.
The Mississippi Insurance Department has asked a federal court in Gulfport, Miss. for an injunction to delay flood insurance rate hikes scheduled to go into effect Oct. 1.
The Mississippi Insurance Department has asked a federal court in Gulfport, Miss. for an injunction to delay flood insurance rate hikes scheduled to go into effect Oct. 1.
The Federal Reserve Board is seeking to become one of the many U.S. members of the International Association of Insurance Supervisors, according to sources.
The Federal Reserve Board is seeking to become one of the many U.S. members of the International Association of Insurance Supervisors, according to sources.
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