At a hearing on reauthorization of TRIA held by the House Financial Services Committee, one executive called the program the "backbone of a healthy terrorism insurance market."

At a hearing on reauthorization of TRIA held by the House Financial Services Committee, one executive called the program the "backbone of a healthy terrorism insurance market."

Medical professional liability insurers have enjoyed historically strong underwriting levels and combined ratios under 100 for several years, but the good times may be coming to an end as several factors are conspiring to chip away at profits over the next three years.

Medical professional liability insurers have enjoyed historically strong underwriting levels and combined ratios under 100 for several years, but the good times may be coming to an end as several factors are conspiring to chip away at profits over the next three years.

The New York Department of Financial Services proposed new rules today that will prohibit forced-placed insurers from placing such coverage on mortgaged property serviced by an affiliated bank or servicer.

The New York Department of Financial Services proposed new rules today that will prohibit forced-placed insurers from placing such coverage on mortgaged property serviced by an affiliated bank or servicer.

The implementation of enterprise risk management has reached critical mass, shows a new Risk and Insurance Management Society study of more than 1,000 risk professionals

Property losses from deadly flooding in Colorado will total nearly $2 billion, about half from housing and half from the commercial and government sectors, catastrophe modeling firm Eqecat said.