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Explaining today's action on Arch Reinsurance Ltd. and affiliates--taking their financial strength ratings up a notch from "A-minus"--the Oldwick, N.J.-based rating agency said the upgrade reflects Arch
On property-casualty issues, funded representative Birny Birnbaum said the NAIC delivered a "good performance" on catastrophe insurance issues, but noted the inconsistency of trying to fend off federa
On property-casualty issues, funded representative Birny Birnbaum said the NAIC delivered a "good performance" on catastrophe insurance issues, but noted the inconsistency of trying to fend off federa
At a meeting of the Personal Lines Regulatory Framework Working Group at NAIC's winter meeting Saturday, regulators could not agree on model regulation and legislation that would grant more rate freed
What are the ethical responsibilities of an agent for a claim that appears to be questionable--perhaps even fraudulent? Is there any difference in responsibilities if the producer is a broker? In today
New York City Mayor Mike Bloomberg cited the wisdom of insurance underwriters in Washington earlier this week when he crossed swords on Capitol Hill with those who believe that all terrorism exposures
"Preliminary results of our current research indicate that the difference in mean hurricane frequency between the near-term sensitivity catalog and our standard model will not be as large as in 2006,"
SAN ANTONIO, TEXAS--A national regulators' session to discuss guidelines insurers use to rate customers as risks turned into a debate between consumer and industry representatives over redlining yester
SAN ANTONIO, TEXAS--A national regulators' session to discuss guidelines insurers use to rate customers as risks turned into a debate between consumer and industry representatives over redlining yester
The industry in 2006 exhibited strong resiliency with advances in the form of stronger balance sheets, better controls, improvements in risk management and continued advances in pricing techniques, th
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