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Rory Carvill, chairman of the parent company R.K. Carvill (International Holdings) Ltd., cited rising costs and economic conditions when notifying clients in a letter obtained by NU, written on Dec.
The decline in the number of independent insurance agencies has come to a halt over the past two years, although revenue growth has slowed in the soft market, according to a study sponsored by the
While final details remain to be put in place, the nation's state insurance regulators--after nearly a decade of study and debate--have adopted a "conceptual framework" to modify the 100 percent
In a week that saw American International Group lose one of its senior officials, the carrier defended its controversial payments to retain key executives, warning it could lose valuable employees
Commercial property-casualty insurers in general still remain unwilling to provide nuclear, biological, chemical and radiation (NBCR) coverage under the Terrorism Risk Insurance Act due to uncertainti
The Washington State Supreme Court ruled this week that makers of nonhazardous component parts, such as pipes or valves, have no duty to warn ultimate users about asbestos products made by others and
To recognize independent, multi-line agencies making the most innovative use of technology, National Underwriter--in partnership with the ACORD LOMA Insurance Systems Forum--invites nominations and en
A New York agent's association is looking to have legislation reintroduced that would address what the association says are oversight and competitive issues surrounding the New York State Insurance Fu
The three firms will access reinsurance capacity, analyze global reinsurance markets, assess creditworthiness of potential reinsurers, determine and negotiate the lowest price for reinsurance cover, a
The three firms will access reinsurance capacity, analyze global reinsurance markets, assess creditworthiness of potential reinsurers, determine and negotiate the lowest price for reinsurance cover, a
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