In reaching this determination, the R.I. Providence/Bristol County Superior Court in Providence, R.I., ruled that a 2006 legislative statute on the matter was unambiguous, contrary to the arguments of

The Property Casualty Insurers Association of America is calling on the North Carolina Insurance Underwriting Association to publicly disclose its financial operations a day after a national insurer s

Examining the past 10 years, Fitch said the industry has built up a modest reserve redundancy for the end of last year, but that reserves will decline in the years to come. The hard market accident ye

Mr. Kusumi, 61, will be responsible for the company's personal lines operations, including products, pricing, service and underwriting strategies, as well as growth and profitability. He will work out

Mr. Kusumi, 61, will be responsible for the company's personal lines operations, including products, pricing, service and underwriting strategies, as well as growth and profitability. He will work out

St. Paul, Minn.-based The Travelers insurance company said it has joined the U.S. Green Building Council to expand its commitment to support both the company's and customers' actions toward environmen

"We assigned a negative outlook to MBIA due to its significant exposure to domestic nonprime mortgages and related exposures to collateralized debt obligations (CDO) of asset-backed securities (ABS),"

Hub said that Hub Ontario and HKMB Hub, both in Ontario, Canada, will remain as separate legal entities. However, collaboration of their respective executive teams is anticipated under Mr. Morrison's