WASHINGTON--Five insurance industry trade groups defended carriers' utilization of credit records to set personal lines insurance rates and warned that barring their use would create major disruptions

She added that increases in repair costs, health care costs and other related expenses contributed to the need to raise the limits. The state had considered similar legislation for several years, Ms.

SCOTTSDALE, ARIZ.--The president of the American Association of Managing General Agents said the association is vigorously lobbying state and federal lawmakers to fend off rate and form regulations for

SCOTTSDALE, ARIZ.--Insurance executives interviewed at an industry conference here said an end to the slide in insurance rates will not come soon, and the current U.S. economic climate is exacerbating

The U.S. Securities and Exchange Commission has notified the former chairman of American International Group, Maurice Greenberg, that it may bring charges against him for his alleged role in a phony a

Bringing people together with common interests and concerns is an essential element in driving ACORD standards implementation. To support this initiative, ACORD is launching a new fall event and

Pitney Bowes Group 1 Software introduced an address-based solution to its Wind Pool Data bundle, developed to help insurance carriers selling in the state of Florida to mitigate their underwriting

Insurance companies with physical plants in China's earthquake area suffered a huge loss in personnel and property, according to Risk Management Solutions, citing a China Insurance Regulatory Commissi