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And don't count on reinsurers to firm up the market, as some analysts have speculated. "Many key insurers are writing large net lines, so the pricing of reinsurance is not much of a factor," Mr. Kerr
Claims payments by homeowners insurers in Louisiana for the hurricanes of 2005--expected to top $12.4 billion--exceeded premiums collected by the insurers in the last 25 years, the Insurance Information
In a statement, the Council of Insurance Agents & Brokers said it sent a letter yesterday to Citizens Property Insurance Corp. challenging the constitutionality of arrangements that keep nonresident a
Ernst Csiszar, PCI chief executive officer, said catastrophe insurance, lawsuits over flood damage exclusions, building codes and flood insurance reform head the list of topics the PCI will address in
The company, a subsidiary of Marsh & McLennan Companies, issued its "U.S. Reinsurance Renewals at Jan. 1, 2006" study reviewing pricing, retentions and limits, capacity, and terms and conditions cover
The company, a subsidiary of Marsh & McLennan Companies, issued its "U.S. Reinsurance Renewals at Jan. 1, 2006" study reviewing pricing, retentions and limits, capacity, and terms and conditions cover
Despite consistent indications of falling property-casualty insurance premium rates, Morgan Stanley research analysts argue that an expanded focus on returns and rates means a brighter industry outloo
Metavante Corporation, the financial technology subsidiary of Marshall & Ilsley Corporation, has completed its acquisition, initially announced in November, of AdminiSource Corp. Providing healthcare
Travelers, a member of St. Paul Travelers based in Hartford, Conn., said the discounts for owners of gas-electric hybrids, which combine a gasoline engine and an electric motor, will be put into
o Continued strong support for the State Modernization and Regulatory Transparency (SMART) Act: IIABA said it hopes to see a measure introduced and moved through the House Financial Services Committee
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