It is unnecessary for P&C insurance companies to be overseen by the Financial Stability Oversight Council as potentially systemically significant, and Congress should move to take away that authority, NAMIC contends.

The energy market is difficult to read, says a new report by Marshso much so that one official classified current conditions as a harft market.

Moody's Investors Service has downgraded Republic Mortgage Insurance companys (RMIC) insurance financial strength rating to Caa2 from B1, citing continued deterioration at the troubled company.

Underwriting risks are typically not linked to the economic business cycle and financial market risks. Therefore, traditional insurance companies do not pose a systemic risk, concludes a new report by the International Association of Insurance Supervisors.

Underwriting risks are typically not linked to the economic business cycle and financial market risks. Therefore, traditional insurance companies do not pose a systemic risk, concludes a new report by the International Association of Insurance Supervisors.

Progressive today reports its net income for October is $55.7 million compared to $76.5 million in October 2010, down 27 percent.

Nearly of a third of participants in a Torus survey say pricing uncertainty is a major concern for the management and professional liability insurance market.

Nearly of a third of participants in a Torus survey say pricing uncertainty is a major concern for the management and professional liability insurance market.