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In its statement yesterday, Lloyd's said the license approved by the China Insurance Regulatory Commission (CIRC) will enable Lloyd's to underwrite onshore reinsurance business throughout China. It wi
Founded in 1992, Producer's Choice is a managing general agency and wholesale life insurance broker specializing in large case management, advanced sales support, and substandard or hard-to-place case
Under terms of the agreement, Argo Group will become the Bermuda holding company for PXRE's existing insurance subsidiaries, Argonaut Group's U.S. operations and a newly formed Bermuda reinsurer named
Under terms of the agreement, Argo Group will become the Bermuda holding company for PXRE's existing insurance subsidiaries, Argonaut Group's U.S. operations and a newly formed Bermuda reinsurer named
The companies are Aioi Insurance Co., Ltd., rating raised to "A-plus" from "A;" Fuji Fire & Marine Insurance Co., rating raised to "A-minus" from "triple-B-plus;" and Kyoei Fire & Marine Insurance Co.
The state's legislature gave final approval to a measure that, according to the American Insurance Association, will permit the insurance commissioner to authorize a surcharge on property insurance po
What are the ramifications of settling claims based on a "moral" obligation, as some industry critics suggest should have been the case with water-related Hurricane Katrina claims? That's the
Fiserv, Inc., a leading provider of information technology services to the financial industry, has acquired NetEconomy, a financial crime management and compliance solutions provider to financial
The "mix and match" concept came up here at the spring meeting of the National Association of Insurance Commissioners, Kansas City, Mo., when participants were talking about ways to encourage
WASHINGTON--Legislation to bar insurers and other companies from deducting legal settlement costs from their taxes would increase "the current, anticompetitive legal cost burden facing U.S. manufacture
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