In the wake of rumors that XL Capital Ltd. is up for sale--with the company admitting only to exploring "value-enhancing opportunities available to it"--Standard & Poor's lowered ratings on the firm's

Just as there are crash tests for automobiles, why should there not be similar testing to see how buildings hold up against a variety of insured exposures? That is the driving question behind the

Has technology made the difference between a bottom line profit or loss in your independent agency? Have you launched some new tech initiative, or built a successful, long-term automation

Congress will likely move next year to require companies that insure credit default swaps--such as American International Group--to at least partially reserve against potential losses, according to

The Washington State Supreme Court has ruled that makers of nonhazardous component parts, such as pipes or valves, have no duty to warn ultimate users about asbestos products made by others and

Ignoring a government request that he serve more significant time, a federal judge last week sentenced Ronald E. Ferguson, former chief executive of General Reinsurance Corp., to two years in prison

Despite some grim results for the first nine months of 2008, the property-casualty sector is unlikely to end the year in the red, one of the insurance industry's premier economists and leading

The proposal was unanimously passed by the NAIC's Executive Committee and Plenary at its quarterly meeting in Washington earlier this month--and the possibility of taking further action on the issue