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Congress must maintain keen oversight to ensure that federal regulators dont use their new, albeit limited, authority over insurers to encroach on the proper role of state regulators, the president of an insurance trade group said at a House hearing yesterday.
The cyclical change in the marketplace no longer tops the list of concerns for W.R. Berkley Chairman and Chief Executive Officer William R. Berkley, who says that while economic activity may have slowed the pace of the market turn, the cycle is indeed changing and prices are rising.
The cyclical change in the marketplace no longer tops the list of concerns for W.R. Berkley Chairman and Chief Executive Officer William R. Berkley, who says that while economic activity may have slowed the pace of the market turn, the cycle is indeed changing and prices are rising.
The drought in the United States is expected to cause as much as $68 million in third-quarter crop-insurance losses for ACE, says the companys chief executive.
The drought in the United States is expected to cause as much as $68 million in third-quarter crop-insurance losses for ACE, says the companys chief executive.
Some of the world's largest insurers for corporate directors and officers could be on the hook for hundreds of millions of dollars in claims over the next few years to cover legal costs for people caught up in the Libor scandal.
Some of the world's largest insurers for corporate directors and officers could be on the hook for hundreds of millions of dollars in claims over the next few years to cover legal costs for people caught up in the Libor scandal.
ACORD released a new strategic analysis on e-Signatures and e-Delivery in the insurance industry. Developed by international law firm Locke Lord LLP at the request of ACORD, the document provides an overview of the legal requirements and best practices for implementation.
ACORD released a new strategic analysis on e-Signatures and e-Delivery in the insurance industry. Developed by international law firm Locke Lord LLP at the request of ACORD, the document provides an overview of the legal requirements and best practices for implementation.
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