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Commissioner James Donelon and Gov. Kathleen Blanco held a meeting Tuesday with representatives of commercial insurance carriers to hear their concerns about the risks they face in the post-Katrina er
Florida officials announced today that Brown & Brown, Inc. has agreed to reimburse up to 400 cities, counties and public entities in Florida with approximately $5.8 million for collecting undisclosed
The setback for the giant provider of policy templates and other products and services for the insurance industry came last week in a decision by U.S. District Court Judge Stanwood R. Duvall. Jr. in N
Insurers may find it impossible to rescind their directors and officers contracts with policyholders accused of backdating stock options because the threshold to prove fraud may be too steep, legal ex
In today's report, "Review and Outlook 2006-2007," on the p-c industry, Fitch said the industry would record profits for the third consecutive year and could post its lowest combined ratio in recorded
Joe Bastardi, chief forecaster for AccuWeather, said the current hurricane cycle resembles the same activity of the 1930s through 1940s, and the current increased activity cycle should begin a turnaro
As 2006 draws to a close, many commercial property-casualty insurers are generating exceptional earnings. "Many balance sheets are in their best shape since the late 1990s, when the industry entered i
"Class of 2001" Bermuda companies--formed after the Sept. 11, 2001 terror attacks--besides Endurance, include Axis Capital and Aspen Specialty, both of which have operating subsidiaries that already hol
The company said Mr. Reda has more than 10 years experience at Lockton and more than 15 years of experience in the employee benefits industry. During his career he has worked in the UNUM and Aetna org
Insurers are going to have their hands full trying to convince a growing lynch mob in Congress not to strip them of their precious federal antitrust exemption, says NU Editor In Chief Sam Friedman in
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