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Massachusetts Insurance Commissioner Nonnie S. Burnes announced yesterday she had approved the $2.2 billion acquisition of Webster, Mass.-based Commerce Insurance Company by the Spanish insurance com
By now, you've probably heard some things about what went on at the recent ACORD LOMA Insurance Systems Forum, but NU's Ara Trembly has the additional unofficial tidbits you won't want to miss. Get
A major actuarial group has issued a statement disavowing efforts by some of its members to secure a lenient sentence for Ronald Ferguson, the former General Reinsurance chief executive convicted for
Standard & Poor's Ratings Services has affirmed American International Group's financial ratings, saying the insurer's ability to raise money to replace capital lost in the previous two quarters excee
NOAA said there is a 60-to-70 percent chance of a total of 12-to-16 named storms, including six-to-nine hurricanes and two-to-five major hurricanes of Category Three or higher which reach or exceed th
The EDF's "Innovations Review 2008: Making Green the New Business as Usual" recognized Fireman's Fund and included the company's chairman, Chuck Kavitsky, among four other executives at a press confer
WASHINGTON--Insurer-backed legislation was signed into law by President George W. Bush yesterday that bars employers and health insurance plans from discriminating against individuals based on the resu
Mr. Schwander will become executive vice president at Lockton Denver. Lockton said he has 28 years of experience in the insurance brokerage business, most of that time in senior management positions a
Elizabeth Mitchell, president, Platinum Underwriters Reinsurance in New York, who is also a fellow of the Casualty Actuarial Society, made the observation during the opening session of the CAS Seminar
BOSTON--While there are differences between the current soft market and previous periods of rate declines, some destructive insurer behavior never seems to change, a group of reinsurance actuaries sugg
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