Richard Kerr, chairman and chief executive officer of Dallas-based MarketScout, which produced the report, said, "Barring a catastrophic wind season or other natural catastrophe, 2007 will be a tough

According to the trade groups, the NAIC Financial Condition Committee has now agreed that the critical issues that must be examined include the appropriate risk-based capital charge for reinsurance; a

WASHINGTON--The American Insurance Association said it wants state regulators at their upcoming quarterly meeting to maintain a more even-handed view of whether multistate natural catastrophe funds are

In the measure--which won approval in the legislature on Tuesday, and is expected to be signed next week by Gov. Eliot Spitzer--a variety of issues are to be worked out administratively by the superi

Citizens, the state's residual property market, was unable to produce a report as required by June 30, 2006 due to its claims volume from Hurricane Katrina and Rita, Mr. Purpera explained. The legisla

U.S. Rep. Debbie Wasserman Schultz, D-Fla., House chief deputy whip, will speak to members of the Independent Insurance Agents & Brokers of America during its Washington Legislative Conference and Con

Insurance experts including Ernst Csiszar, former Property Casualty Insurers Association of America president and chief executive officer, will be featured speakers at the second annual conference by

"While some of the industry's largest players advocate for deregulation through a so-called federal charter and would encourage coupling the 2 issues, the NAIC supports reconsideration of the limited