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Moodys Rating Service gives a favorable review to new rules proposed by the International Association of Insurance Supervisors to identify insurers that would pose a systemic risk to the global financial system, but the devil is in the details, notes an industry representative.
Moodys Rating Service gives a favorable review to new rules proposed by the International Association of Insurance Supervisors to identify insurers that would pose a systemic risk to the global financial system, but the devil is in the details, notes an industry representative.
An estimated 600 firefighters struggle to contain the fires that have already claimed one victim and thousands of acres of land. Aerial reinforcements urged as Colo. fire approaches Fort Collins.
Reflective radiant barriers have become an increasingly popular means for energy savings. However, they represent a significant fire hazard during lightning storms.
Reflective radiant barriers have become an increasingly popular means for energy savings. However, they represent a significant fire hazard during lightning storms.
Two recent reports by the same analyst firm illustrate the unpredictability of the insurance-pricing cycle, as one report notes industry reserves are approaching inadequacy, while the other states that property-catastrophe rate increases, which had led the charge out of the soft market, appear to be slowing.
American International Group will pay a total of $146.5 million to be distributed among all 50 states following a probe that sought to determine whether the insurer violated premium-reporting rules governing Workers Compensation insurance.
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