If trade barriers such as collateral requirements are lifted, foreign reinsurers could provide more support in the event of another U.S. mega-disaster along the lines of Hurricane Katrina, Lloyd's

Finetre Corporation, a provider of e-commerce technology solutions for the annuity industry, has agreed to develop an online fixed annuity sales platform jointly with Beacon Research, a source of

Salaried employees were made a buyout offer late last month in the form of "enhanced severance in exchange for voluntary termination," noted Mr. Trevino. If the number of volunteers falls short of

A Texas Supreme Court decision to review its ruling giving carriers the ability in certain cases to pay a settlement and then seek a refund from the insured has set up a major battle between two

An analysis by the Consumer Federation of America contends that those who are driving less as a result of higher gasoline prices could save an average of 5-to-10 percent--about $47 to $94--on their

U.S. property-casualty insurers sustained a record $56.8 billion in insured property losses from 24 catastrophic events last year--more than double the previous high of $27.3 billion, when a "grand

Some might serve as platform agencies for additional

Appeals court weighs in for third time, with ultimate verdict up in the