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In September, after the National Risk Retention Association sent a letter to the department, the agency dropped a requirement that a policy should be issued by an insurer "with a valid certificate of
Aon said Ms. Aigotti will work with business units around the world to identify, measure and manage key risks including: funding and liquidity risk, interest rate risk, foreign exchange risk, complian
The Dryden, N.Y.-based company is the 40th carrier to join the Alexandria, Va.-based association's Trusted Choice program aimed at highlighting the benefits independent agencies and brokerage firms of
Converium's said it has agreed to sell its North American operations to the Berkshire Hathaway Group for $95 million in cash. In addition, Berkshire Hathaway will assume $200 million of senior debt fr
NCCI's filing called for a statewide average rate decrease in workers' compensation insurance rates of 13.3 percent effective Jan. 1, 2007, but Mr. McCarty said he has ordered NCCI to amend its filing
The Washington State Insurance Commissioner's Office became the latest official agency yesterday to disclose findings of alleged widespread illegalities by title insurance companies to obtain customer
Travelers Indemnity Co. owes $187 million, while Gulf Insurance Co. owes $130 million for claims based on the Sept. 11, 2001 terrorist destruction of the site. Both companies are now part of the St. P
The insurance industry is rapidly embracing Service-Oriented Architecture (SOA), as well as related Web services and standards, according to new TowerGroup research conducted in partnership with ACORD
The insurance industry has lined up against the proposal, ballot Measure 42, which is sponsored by conservative tax activist Bill Sizemore and backed by the Consumers Union as well as some insurance a
The insurance industry has lined up against the proposal, ballot Measure 42, which is sponsored by conservative tax activist Bill Sizemore and backed by the Consumers Union as well as some insurance a
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