The Hurricane Damage Potential Index will allow insurers predict hurricane damage more realistically and effectively in the future as hurricanes approach landfall, said Dr. Steve Smith of the ReAdviso

The "National Insurance Act of 2006" would also bar states from preventing or restricting producers with a state license from selling, soliciting or negotiating insurance on behalf of national insurer

"The financial impacts of the hurricanes have indeed been great but have proved manageable, and a compensating influx of new capital to existing reinsurers has occurred, removing fears of the industry

The stand-alone terrorism insurance market is growing healthier, but customers in high-risk zones can pay a substantial premium, and the expiration of the Terrorism Risk Insurance Act may only exacerb

The divergence surfaced after the American Risk Retention Coalition (ARRC) called yesterday for expansion of the federal Liability Risk Retention Act and the leader of a separate risk retention associ

NASDAQ informed the company Friday that based upon the company's recent Form 10-K filing, InsWeb does not have the minimum $10,000,000 stockholders' equity requirement for continued listing on the NAS

Reacting to yesterday's introduction of a Senate bill to establish federal licensing of insurers and producers, state regulators and legislators questioned how such a measure will help consumers and i

Pegasystems Inc., a developer of unified process and rules technology, has licensed the IBM industry model for insurance--Insurance Application Architecture (IAA)--and the IBM industry model for