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Beazley Group plc, Lloyd's syndicates, announced it has acquired London-based Momentum Underwriting Management Limited, a personal accident and life underwriting management agency, in a transaction wo
Prior to the vote insurers warned that amending the current public access policy would make them less likely to use the commission. But a leading consumer advocate called that argument "a sham." The C
Treasury Secretary Henry Paulson was highly critical yesterday of American International Group's oversight, calling for federal regulation of insurance companies during an appearance on "Meet the Pres
"RIMS opposes any legislation that would result in negative implications for the global reinsurance marketplace and U.S. businesses that rely on this market," Terry Fleming, member of RIMS board of di
Amid fear and trembling over a warming planet, it seems that the British have provided some data that indicate a cooling trend, at least for this year. Get the latest on the global warming
Hurricane Ike--which caused anywhere from $6 billion to as much as $18 billion in insured losses, catastrophe modelers estimate--will likely boost the industry's combined ratio, perhaps back over the
Standard & Poor's and Fitch revised their credit ratings for AIG last week in the wake of the Federal Reserve Board's action to provide the troubled firm with liquidity, but both remain cautious
Legislation that would create a federal Office of Insurance Information at the Treasury Department was pulled off the floor in the U.S. House of Representatives last week, although the House did pass
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