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A panel appointed by Democratic Gov. Deval Patrick to study ways of reforming Massachusetts' auto insurance system has recommended curbing state rate regulation and moving toward a competitive, market
At the recent AMS Users Group National Conference, the group awarded its 2007 Quantum Award to Selective Insurance of Branchville, New Jersey. According to AMSUG, "This prestigious honor is given to
WASHINGTON--Officials of the National Association of Surplus Lines Offices are voicing strong support for legislation introduced in the Senate that would reform the regulation of multistate surplus lin
Vince Vitkowsky, an attorney with the New York office of Edwards Angell Palmer & Dodge, said insurers may find themselves fighting to recover on reinsurance policies where their reasons for large clai
Max Re said its new subsidiary will operate across two divisions, brokerage and managing general agency. Brokerage, to be headed by Jonathan Hahn, and MGA, to be headed by Bryan Sanders, will each off
WASHINGTON--Two insurance agent trade groups are asking the U.S. Chamber of Commerce to reconsider a decision by an independent commission established by the Chamber to support creation of an optional
Last week the senator in an unexpected move managed to insert an arcane provision into the Senate version of the annual budget resolution that bars opponents of the asbestos measure from seeking a bud
The report noted that insurers invest heavily in real estate. "Many of these assets are located in areas within coastal areas most at risk for hurricanes, or low-lying areas subject to flooding," the
A major hurricane hitting Florida this year would result in households there having to make up a shortfall in reserves for the state insurer of last resort by paying $14,000 each over the next 30 year
The Derek Hughes/NAPSLO Educational Foundation said two new insurance education scholarships were established by its members after changes were made allowing individuals or groups to establish scholar
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