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Trevor G. Carvey has been appointed managing director of Harbor Point Re UK. Mr. Carvey, who has a track record as a global marine and energy underwriter, will be responsible for identifying a broad r
"The ratings within the sector support this buoyant view, with 79 percent of insurance ratings assigned a stable outlook or developing CreditWatch listing, 16 percent a positive outlook or CreditWatch
"Companies will now be responsible for all their policies, forcing responsible management of losses and a greater incentive to fight fraud in the marketplace, which means lower rates for drivers," she
With plans to launch a proposed new subsidiary in the first quarter, Max Re said the new company, Max Specialty Insurance Company, will be based in Richmond, Va., and will have offices in Atlanta, San
WASHINGTON--Sen. Tim Johnson, D-S.D., was reported in critical condition today after undergoing emergency surgery, placing Democratic control of the U.S. Senate in 2007--and resolution of some serious i
Carrion, Laffitte & Casellas Inc. joins 117 other Assurex Global Partners numbering more than 500 offices in 74 countries on six continents. Each partner is selected after being identified as the stro
Following its purchase, QBE intends to cancel the 50 percent quota share reinsurance arrangements that Praetorian has with Hannover Re, and inject an additional $200 million of capital into Praetorian
The sudden illness incapacitating U.S. Senator Tim Johnson, D-S.D., shows that we're one traffic accident or heart attack away from a seismic shift in the country's political control. In today's blog
The insurance industry has taken a beating lately from juries, state lawmakers and Congress on issues ranging from Hurricane Katrina claims to broker compensation. Still, NU Editor In Chief Sam Friedm
West Palm Beach-based Flood Zone Correction Inc. said yesterday that low flood risk homeowners in several states contribute more in annual premium to the National Flood Insurance Program than they rec
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