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Insurance associations representing brokers who sell excess and surplus lines say they will move aggressively this year to secure passage in Congress of legislation reforming and modernizing
Under the so-called "new Democrats" plan, the plank for insurance includes a call for legislation that ensures that the federal government has "adequate information" about insurance industry
Insurers using untimely notice as reason for denying a claim must notify the insured of that belief in writing as soon as reasonably possible, or else the insurer waives the right to that defense,
The plane reportedly crashed as it approached the landing stripping, breaking apart on impact. Of the 134 passengers and crew on the aircraft, nine are reported dead, including the pilot and three
Developments in securities litigation will pose new challenges to directors and officers underwriters, driven by continued fallout from the subprime crisis, the alleged Madoff fraud, and the jailing
Eliot Spitzer's investigations into insurance broker's contingent compensation may have had some unintended benefit for Aon, by forcing the door open for clients to seek the opinion of more than one
The GEM project, a five year endeavor led by the Organization for Economic Co-operation and Development, is intended to produce the world's first global, open source model for seismic risk
WASHINGTON--Congress should concentrate on drafting legislation to reduce systemic risk to the financial system before tackling solvency and consumer protection in the insurance sector, the chief
Established in 1992, the program promotes consumer interaction with the NAIC's members, the insurance industry and interested parties through the individuals' dedication and commitment to serving the
In Virginia, the Bureau of Insurance of the State Corporation Commission issued a bulletin on Feb. 23 which addresses how it will handle permitted practices of foreign insurers, those not domiciled
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