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The battle lines were drawn this week in the first of two debates over state versus federal regulation between the presidents of AIA and the NAIC. NU Editor In Chief Sam Friedman, who is serving as re
@Global, a software solution provider to the property/casualty insurance industry, has announced general availability of its Allegro Business Intelligence Portal, a business intelligence suite
Mr. Lehrer said in his paper that such sales would reduce the government's role in insuring against flood losses. He wrote that at the same time such action would "deprive the government of a revenue
The 6.1 percent decrease in premiums for property insurance essentially repeated first-quarter price decreases for renewals, even though forecasters now predict a severe hurricane, Advisen officials s
LAS VEGAS--Whether federal authorities' failure to foresee and head off the subprime mortgage crisis is evidence Washington should not be trusted with insurance oversight was a focus of contention here
During an investor's conference call Michael H. Lee, chairman and chief executive officer of both Tower and CastlePoint, said the deal will increase shareholder value and create efficiencies. Both man
Bermuda-based Axis Capital Holdings Limited reported an 8 percent dip in second-quarter net income compared to the same period in 2007. The company attributed results to increases in market competitio
Bermuda-based Axis Capital Holdings Limited reported an 8 percent dip in second-quarter net income compared to the same period in 2007. The company attributed results to increases in market competitio
Harleysville explained that the increase is partly due to a previously announced amendment to the intercompany pooling arrangement between Harleysville Group and Harleysville Mutual Insurance Company.
WASHINGTON--American International Group is by far the heavyweight amongst multiline insurers in lobbying Congress, spending $2.75 million in the second quarter alone in lobbying expenses, according to
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