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Their assessment that carriers are tightening underwriting in the face of increased political and economic instability came during the presentation of the Chicago-based firm's "2009 Political Risk
WASHINGTON--A panel of the nation's insurance regulators approved a proposal to relax capital and surplus requirements for life insurers after a hearing yesterday that was slammed by a consumer
Despite conflicting scientific evidence on the severity of the threat posed by climate change, the insurance industry seems intent on throwing lots of money at the problem. How should insurance
The meeting will take place May 1 at 3 p.m. during the association's general session. The session will also include a state of the association address by IIABA Chairman Brett Nilsson and a speech by
The Treasury Department announced tough new rules today designed to prevent undue influence by lobbyists on government decisions over applications for and disbursements of funds under the Troubled
The Treasury Department announced tough new rules today designed to prevent undue influence by lobbyists on government decisions over applications for and disbursements of funds under the Troubled
Steve Redgwell, head broking director for Aon's mid- to large-size UK companies, said, "We are hearing very strong messages from insurers about rates rising, but these have not yet manifested
RLI Corp. reported 2008 fourth-quarter net earnings fell $6 million, or 28 cents per share, compared with the 2007 period. Management said the 81.3 percent decrease was due mainly to investment
Oakland, Calif.-based catastrophe modeling firm Eqecat said today its high-end preliminary estimate for the insured loss caused by Saturday's windstorm Klaus that tore through France and Spain is up
State Farm, Florida's second largest property insurer, said today it is pulling out of the Florida home insurance marketplace two weeks after being turned down for a 47.1 average rate increase by the
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