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Brian Meredith, a securities analyst for the bank, said that 80 percent of commercial lines insurers in his coverage universe have reported upside surprises due to good underlying underwriting results
Brian Meredith, a securities analyst for the bank, said that 80 percent of commercial lines insurers in his coverage universe have reported upside surprises due to good underlying underwriting results
"The hurricane insurance package passed just before adjournment Friday night is the most significant property insurance bill since major legislation following Hurricane Andrew," said Sam Miller, execu
ACE Limited in Bermuda announced today that, subject to market conditions, its subsidiary, ACE INA Holdings Inc., intends to sell up to $300 million of ...
In steps to bolster the Citizens Property Insurance Company the lawmakers approved a $715 million appropriation to offset the insurer's 2005 deficit. That action would reduce the 11 percent premium as
LAHAINA, HAWAII--Wholesale agents are missing a huge opportunity by failing to properly market professional liability coverage to retail agents, a knowledgeable executive advised an industry conference
One measure would allow greater access to the Florida Insurance Catastrophe Fund for so-called limited apportionment companies (LACs) with $25 million in surplus or less. It enables them to buy a $10
Changes allowing insurers to hike or cut rates without prior regulatory approval within set limits were incorporated in an omnibus property insurance reform bill approved Friday night in the closing h
A New Jersey lawmaker said yesterday he plans to introduce legislation in response to a complaint by insurance agents that GEICO has made an improper arrangement with the state turnpike authority to m
Mr. Thorpe said there are several precedents for classifying storm surge as flood, supporting the position of the property-casualty insurance industry that such damage is not covered under flood
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