Fitch Ratings said today that a survey has found that as credit derivatives market expansion continues at a remarkable pace, concern is growing about how the sector will deal with an eventual downturn

Bear Stearns property-casualty analyst David Small said the primary reason for the earnings shortfall was the greater than expected catastrophe losses and unfavorable development from the 2004-2005 st

Mr. Kuczinski previously held the position of president of Munich Re America's specialty markets division. According to the company, his division continually increased its contributions to the value o

The firm said it named Henry N. Watkins Jr. to lead its New York operations; Kevin Daley to take charge in Los Angeles; Samuel D. Daume Jr. in Boston; Mark Freeman in San Francisco, and James P. Breen

Rep. Gene Taylor, D-Miss., came out swinging against insurance companies yesterday during a hearing on legislation he authored to expand the National Flood Insurance Program to offer windstorm coverag

RLI Corp. reported second-quarter net income of nearly $50 million yesterday, attributing a big chunk of its $27 million jump in earnings over the comparative period last year to favorable loss reserv

A new application of DNA testing, already used in a number of workers' health injury cases, has the potential to save insurers billions of dollars in defense costs, a scientist who pioneered the proce

The Hartford Financial Services Group Inc. has launched a new automated system it said should make it faster and easier for agents to service and modify their clients' personal lines insurance policie