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"There are important business benefits for an insurer that does its state filings efficiently and correctly," said Celent. "Most of these benefits result from making the product development process fa
Insurance Superintendent Eric Dinallo, in an announcement yesterday concerning the release of the audit by Amper, Politziner and Mattia, P.C., noted it was the first full audit to be performed on the
Swiss Re, Zurich, said Stefan Lippe has been named deputy chief executive officer and will assume the role of chief operating officer as of Sept. 1, succeeding Andreas Beerli, who announced he will re
New York-based Moody's Investors Service downgraded the insurance financial strength rating of Milwaukee, Wis.-based Mortgage Guaranty Insurance Company (MGIC) citing the impact of mortgage defaults o
NEW YORK--Insurers holding securities impacted by rating downgrades of bond insurers will be able to get an independent review of the bonds' worth from the Securities Valuation Office of the National A
NEW YORK--The National Conference of Insurance Legislators Subcommittee on Natural Disasters voted down an amended resolution today that would have supported the establishment of state catastrophe fund
WASHINGTON--A top Treasury Department official made clear yesterday that establishing an Office of Insurance Information within the Treasury Department is merely an interim step, and that the Bush admi
The legislation introduced by Rep. Dennis Moore, D-Kan., the Community Building Code Administration Grant Act (H.R. 4461), is designed to provide funding for local and state authorities to enact and e
The legislation introduced by Rep. Dennis Moore, D-Kan., the Community Building Code Administration Grant Act (H.R. 4461), is designed to provide funding for local and state authorities to enact and e
In both June and second-quarter 2008, the company's combined ratio increased roughly two points from weather-related catastrophe losses--almost three times greater than the same periods last year, the
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