The comments came from Kevin Kelley, chief executive officer of Lexington Insurance Company in Lexington, Mass., speaking at seminar sponsored by American International Group on homeland security issu

The comments came from Kevin Kelley, chief executive officer of Lexington Insurance Company in Lexington, Mass., speaking at seminar sponsored by American International Group on homeland security issu

In a special conference call yesterday, the parent Financial Condition Committee voted to send the issue back to the task force with the additional charge of taking a broader look at reinsurance regul

"We submitted this petition in response to the March 6 LDOI order," the company said. "Allstate believes that by taking this step we are working to avoid customer confusion resulting from the March 6

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