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The property-casualty insurance industry is a "cheapskate" when it comes to political expenditures, according to Ernst Csiszar, who--as a former regulator, insurance company head and trade association
Pronouncements by analysts about soft casualty insurance prices are based on inaccurate broker surveys and are overblown, a top insurer told the Annual Executive Conference for the Property-Casualty
Florida Insurance Commissioner Kevin McCarty said he had approved a $163 million regular assessment for insurers filed by Citizens Property Insurance Corporation today to cover the deficit in its high
The company is projecting modeled annualized insurance losses for the Gulf Coast, Florida, and the Southeast that are 40 percent higher, on average, than losses derived using long-term 1900-2006 hist
A work plan developed by actuaries to help reach a long-term solution for regulators' fiscal evaluation of insurers' hybrid securities was roundly criticized by insurers and Wall Street representative
The rating firm said pricing for renewals at the beginning of this year did not reflect new catastrophe models that were released showing greater potential losses from storms and were not priced in th
"The PCI chief executive officer's job is an excellent position, but I have no plans to leave Church Mutual, and I have told anyone who has asked me that I have no interest in the job. We do have a lo
Foundation Re II Ltd.--a special-purpose reinsurance company incorporated in the Cayman Islands--is providing a multi-year, collateralized reinsurance program financed through the issuance of risk-lin
Donald Kramer, chairman and chief executive officer of Bermuda-based Ariel Reinsurance, made his comments at an industry meeting here in response to remarks last week by William Berkley, CEO of Green
Donald Kramer, chairman and CEO of Bermuda-based Ariel Reinsurance, speaking at an industry meeting here, said he believes "rating agencies need to be more transparent and possibly come under some for
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