The number of flood insurance policies issued to North Dakota residents so far this year is down slightly from last year, despite predictions of high water and an emergency declaration request for about one-third of the state's counties, federal officials said Tuesday.

Buckeye Insurance Group is a small company with some big technology plans. As an insurer, Buckeye writes $60 million in premium in eight states, mostly in the Midwest. But Buckeye is more than an insurer. The group’s latest addition is an IT services company, Marias Technology, which will offer its...

ProspX, Inc., developer of an on-demand search and sales collaboration solution for the commercial insurance industry, will extend the ProspX platform to Europe, the Middle East, and Africa (EMEA) through its relationship with Assurex Global.

Ambac Financial Group Inc. reported a 2010 fourth-quarter loss of close to $82 million on the combination of decline in new business and decrease in investment gains.

Ambac Financial Group Inc. reported a 2010 fourth-quarter loss of close to $82 million on the combination of decline in new business and decrease in investment gains.

Modeler EQECAT has come up with an insured loss estimate of between $12 billion and $25 billion for what is now being called the Tohoku earthquake in Japan, as ACE Ltd. and SCOR have released individual preliminary estimates of their losses due to the magnitude 9.0 March 11 quake.

Because of the rapid growth of captive insurers in the state, Utah has added two examiners this year and will hire another within the next two months, said the state’s captive regulator.

Sen. Jay Rockefeller, D-West Va., called out the National Association of Health Underwriters and Florida Insurance Commissioner Kevin McCarty, saying their lobbying for agent exemptions from the medical loss ratio “will cost American consumers $1 billion in benefits.”