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New York state's financial regulator said on Monday that it had licensed the first-ever mutual municipal bond insurer, which expects to start underwriting small deals later this year.
In the wake of Friday mornings shooting in a Colorado movie theater, risk managers must consider extra security measures to prevent a similar occurrence in the future while also avoiding a bunker mentality that goes against the countrys open society, says a security expert at broker Willis.
Three regional insurers say second-quarter catastrophe losses will run into double-digit figures, stemming mainly from 13 weather events throughout the period.
The drought ravaging America's prime farmland is having an unexpected consequence that could shape the future of agricultural finance: in some cases, farmers who have amped up their insurance coverage may be giving up on their crops early rather than to trying to save them.
The drought ravaging America's prime farmland is having an unexpected consequence that could shape the future of agricultural finance: in some cases, farmers who have amped up their insurance coverage may be giving up on their crops early rather than to trying to save them.
Bank of America Corp has agreed to pay $375 million to settle a case brought by bond insurer Syncora Guarantee over toxic mortgage-backed securities at the center of the 2008 financial crisis.
There is a conversation being held around telematics at almost every level of the insurance industry these days. One place where the conversation began over two years ago is at Zurich, where Jim Noble, line of business director, motor fleet, for the risk engineering group of Zurich Services Corporation, has...
Two of the three insurance-brokerage firms reporting second quarter financial results this week showed increases in revenues and organic growth as the economy improves and insurers push for premium increases.
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