The National Association of Insurance Commissioners has given preliminary approval to an amendment to the receivership model act opposed by the insurance industry for its purported bias against guaran

The National Association of Insurance Commissioners has given preliminary approval to an amendment to the receivership model act opposed by the insurance industry for its purported bias against guaran

The firm noted that "people concerned with the ability to sell their properties and politicians focused on the need to sustain inward investment will prefer that information on rising levels of risk

"What has certainly had an impact on tort cost trends has been the decades plus decline in auto accident frequency, as the basic auto accident is the largest single portion of U.S. tort costs," he sai

If there is an avian flu outbreak, employees will be turning to their companies for answers and pre-planning will make it easier to deal with the uncertainties sure to arise from the pandemic, said a

Moody's Investors Service in New York gave the proposed offering a Baa3 rating or a "medium" rank--the lowest of its investment grade ratings. "It's deeply subordinated in the company's debt structure

Richmond, Va.-based insurance broker Hilb Rogal & Hobbs Company said it has signed a definitive agreement to acquire the operating assets of Loan Protector General Agency Inc. and Loan Protector Track

The deal will add $1.4 billion to gross premium income on an annualized basis, QBE continued, and would form part of QBE's Americas division under Tim Kenny, president and chief executive officer. The