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As a result, Willis said, vendors' U.S. earthquake catastrophe models will be recalibrated and seismic hazard changes detailed in the report may be offset or amplified by changes to other modeling com
During a Risk and Insurance Management Society webinar titled "AIG: An Update On The Latest Strategic Developments," John Doyle president and chief executive officer of AIG Commercial Insurance, said
The impact of Wednesday's Ohio Supreme Court decision putting restrictions on the filing of asbestos injury cases may not immediately produce any readily discernable impact, a plaintiff's attorney sai
In a statement, the Warren, N.J.-based insurer said yesterday catastrophe losses for the third quarter of 2008, principally related to Hurricane Ike, would be approximately $400 million before tax (72
The Rhode Island Supreme Court will hear an appeal regarding whether auto insurers in the state must conduct a "labor rate survey," and use the results as the sole factor in determining prevailing aut
Bermuda's financial regulators' compliance with International Monetary Fund regulatory oversight standards, especially in supervising large commercial insurance and reinsurance companies, has drawn IM
The new president of the National Association of Professional Insurance Agents said attempts to put regulation of the insurance industry into the hands of the federal government is an effort by some t
Bermuda's financial regulators' compliance with International Monetary Fund regulatory oversight standards, especially in supervising large commercial insurance and reinsurance companies, has drawn IM
Catlin Group Ltd. in Bermuda announced that losses from recent hurricanes will total $200 million, it has lost $118 million on fixed income investments, and its holdings in bankrupt Lehman Brothers to
An Oct. 13 NU Online report on an ACE Ltd. preliminary third quarter earnings announcement, that referred to a $1.5 billion loss, should have reported it as net realized and unrealized investment loss
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