WASHINGTON--State regulators are "very close" to endorsing federal legislation that will establish surplus lines carriers' home state as their primary regulator, and their backing is an important step

Since the hurricane losses of 2005 Florida has been one of five states with the highest average home insurance premiums. In January 2007, state legislation provided insurance companies with discount r

Technology giants Microsoft and IBM were both very busy wooing vendor partners at this year's ACORD LOMA Insurance Systems Forum. What's behind this activity? NU's Ara Trembly wonders about a

Pitney Bowes Group 1 Software has entered an alliance with Sun Microsystems to provide insurance companies with an integrated management solution for the handling of non-life and life insurance

Underwriting Risk Management Solutions pairs high-risk case data produced by MIB's proprietary Audit Focus tool with a network of select industry underwriting experts who are available for consulting

Speaking at a rating agency conference last week, Mr. Mills, a Republican, who is chief advisor for the Insurance Industry Group of Deloitte & Touche USA, said the limited scope of catastrophe reservi

NEW YORK--A Travelers executive speaking at a rating agency conference last week said his company's proposal to deal with insurance issues arising after natural catastrophes now embraces the concept of

Newark, Calif.-based Risk Management Solutions reported that the quake was a strong magnitude 6.1 (moment magnitude) that hit at 3:26 p.m. local time. Spokeswoman Jackie Barber said the firm at this p