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The action came after last week's order by Japan's financial regulator, Financial Services Agency (FSA), suspending the company from writing property-casualty insurance for two weeks, and the indefini
With the Delaware River rising well above flood stage, New Jersey's Department of Banking and Insurance, with capital offices near the riverbank, closed its Trenton, N.J., facilities for a second day
The self-regulatory group notes that member firms have suggested that they might respond by letting employees work at home, shifting work to overseas affiliates, or even arranging for other companies
DRP Guide is launching a new offering of online assessment and diagnostic tools designed for the hiring, selection, and skills evaluation of insurance auto physical damage appraisers, independent
Patni Computer Systems, Ltd., an information technology services provider, announced yesterday that it has formed a strategic alliance with Clear Technology Inc., a software solutions company serving
Financial terms of the arrangement were not announced, but Reston, Va.-based Q.Know said under the terms of the agreement it will provide New York-based Praetorian with the firm's proprietary enterpri
The insurance industry saw a gain in first-quarter underwriting profits of 20.8 percent, but future catastrophe losses will likely mean it cannot maintain that growth rate throughout 2006, according t
The awards are the National Company Award of Excellence; Company Representative of the Year and the inaugural Managing General Agency of the Year. They will be presented during a Sept. 9 luncheon cer
A spokesman for Rhode Island Gov. Donald L. Carcieri said yesterday the governor was pleased with the failure of a legislative effort to limit his ability to reform the state-sponsored workers' compen
In particular, GNAIE said its principles would not permit the discounting of claim reserves. Under the GNAIE principles, non-life insurers would be required to hold the amount of reserves to their ful
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