For its property-casualty business, Allianz reported that gross written premiums dropped 3 percent, from EUR14.1 ($21.8 billion) in the first quarter of 2007 to EUR13.7 ($21.2 billion) for the first quart

ORLANDO, Fla.--William R. Berkley, who heads the insurance company that bears his name, blasted rating agencies and risk modelers today, suggesting their efforts did not reward careful attention to und

WASHINGTON--The Senate late Thursday passed an amendment to legislation extending and reforming the National Flood Insurance Program, giving a consumer advocacy official in the Federal Emergency Manage

The company said net written premiums declined $31.2 million to $326.6 million in the quarter. Allied World attributed the drop in written premium to the nonrenewal of business that did not meet under

The company said net written premiums declined $31.2 million to $326.6 million in the quarter. Allied World attributed the drop in written premium to the nonrenewal of business that did not meet under

The New York Workers' Compensation Reform Task Force is attempting to get back on track to develop permanent impairment guidelines after the state's insurance department terminated a contract with a c

ORLANDO, Fla.--A leading insurance economist told an industry gathering here that the effects of the current economic downturn on underwriters will likely be subdued because of the nature of their busi

ORLANDO, Fla.--The National Council on Compensation Insurance actuaries said yesterday that their 2007 study of prescription drug use to treat injured workers unexpectedly found that utilization of suc