Under the terms of a definitive merger agreement, security holders of Darwin will receive $32 per share in exchange for 100 percent of their interests in Darwin Professional Underwriters Inc., a

The risk that a claim won't be paid--a potential downside that every buyer of insurance faces--was an uninsured exposure until recently, according to the developers of a new policy to provide coverage

Rhode Island's Supreme Court last week rejected efforts by the state's attorney general to hold lead pigment manufacturers liable for injuries suffered by children exposed to lead paint, throwing out

With property-casualty companies increasing their book value per share, the outlook for property-casualty insurance stocks is now viewed as "compelling" as opposed to "attractive," according to a Bank

Rockhill said that NECC, with offices in New York and Louisiana, has been a pioneer in underwriting environmental risks since 1989, specializing in liability coverage for restoration contractors, mold

The appointment was made by Finance Minister Paula A. Cox, the BMA said, noting that Mr. Bell has experience in insurance regulation and actively participates in the review and development process for

The appointment was made by Finance Minister Paula A. Cox, the BMA said, noting that Mr. Bell has experience in insurance regulation and actively participates in the review and development process for

The organization did not state what circumstances led to her abrupt departure. Andrew Beal, the NAIC's deputy executive vice president, has been named interim executive vice president and CEO while a