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Insurance industry groups continue to argue that North Carolina's state-run insurer of last resort would be unable to absorb the losses from a major storm, with the most recent argument coming from th
London-based insurance broker Benfield said one of its subsidiaries had its contract to administer the federal Terrorism Risk Insurance Program (TRIP) renewed after an extensive and competitive proces
Standard & Poor's Ratings Services has lowered bond insurer Ambac Assurance Corp.'s financial strength rating three notches to "A" due to residential mortgage sector exposures that have caused losses
New York-based risk management and insurance consulting firm Compass Company, Inc. said today it has entered into a strategic alliance with Precision Discovery, an information technology risk and liti
In a story posted on Nov. 14 about Marc Racicot announcing that he would be stepping down as the American Insurance Association's president, NU mistakenly reported that Selective Insurance--cited as on
For the second year in a row, the National Association of Professional Insurance Agents branding program, "Local Agents Serving Main Street America" was recognized for outstanding creative achievement
For the second year in a row, the National Association of Professional Insurance Agents branding program, "Local Agents Serving Main Street America" was recognized for outstanding creative achievement
WASHINGTON--Entities that engaged in credit default swaps with American International Group could have transaction details made public, Federal Reserve Chairman Ben Bernanke told a congressional panel
WASHINGTON--An Aon Corp. official urged the Treasury Department today to make greater use of the insurance component of the Troubled Asset Relief Program as a means of opening up the currently frozen U
"Recession? What recession?" This seemed to be the attitude of many of the show floor vendors who attended the recent ISOTECH insurance technology conference in Las Vegas, where displays of wealth a
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