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The legislation, Senate Bill 1980, offers $250 million in loans to insurance companies to help them continue to write coverage and to take policies from Citizens Insurance, the state's insurer of last
The survey by London-based International Underwriting Association (IUA) found that the number of firms that have experienced an unexpected outage of critical business systems over the past 12 months h
The remarks came as Manhattan insurance executive Sharon Emek was inducted as the second woman to hold the leadership position of the IIABNY, during the association's annual business meeting held in N
The Paris-based reinsurer attributed the growth to a 31 percent increase for non-life business treaties and the sustained expansion of large corporate accounts business, which showed a 29 percent rise
Bear Stearns analyst David Small said yesterday that the unusually light catastrophe losses along with underwriters continuing to earn through profitable 2005 business could spell the beginning of the
Florida Office of Insurance Regulation spokesman Bob Lotane said State Farm filed for a 58.5 percent increase to cover the cost of reinsurance and a 12.7 percent increase to cover additional costs. Th
In addition, several members were recognized for their work in the field of data management. Peter Marotta, principal consultant of data management at ISO, was named as the first recipient of the Gary
In addition, several members were recognized for their work in the field of data management. Peter Marotta, principal consultant of data management at ISO, was named as the first recipient of the Gary
Petrel Re will assume a 75 percent quota share of certain lines of marine and offshore energy reinsurance contracts underwritten by Validus Re for the 2006 and 2007 underwriting years, Validus said. O
Insurance industry mergers and acquisitions increased in 2005 to the highest level since 2001, and may foreshadow an acceleration of activity this year and the next, according to a new study by Connin
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