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ORLANDO, Fla.--William R. Berkley, who heads the insurance company that bears his name, blasted rating agencies and risk modelers today, suggesting their efforts did not reward careful attention to und
WASHINGTON--The Senate late Thursday passed an amendment to legislation extending and reforming the National Flood Insurance Program, giving a consumer advocacy official in the Federal Emergency Manage
The company said net written premiums declined $31.2 million to $326.6 million in the quarter. Allied World attributed the drop in written premium to the nonrenewal of business that did not meet under
The company said net written premiums declined $31.2 million to $326.6 million in the quarter. Allied World attributed the drop in written premium to the nonrenewal of business that did not meet under
The New York Workers' Compensation Reform Task Force is attempting to get back on track to develop permanent impairment guidelines after the state's insurance department terminated a contract with a c
ORLANDO, Fla.--A leading insurance economist told an industry gathering here that the effects of the current economic downturn on underwriters will likely be subdued because of the nature of their busi
ORLANDO, Fla.--The National Council on Compensation Insurance actuaries said yesterday that their 2007 study of prescription drug use to treat injured workers unexpectedly found that utilization of suc
Executives with American International Group said the first-quarter losses the insurer suffered may not see a turnaround soon, as the housing credit crisis that affected earnings is expected to contin
Innovation Group has announced final shareholder approval of the acquisition of Choice Certified Solutions and the official launch of the Innovation Property Managed Network, a network of providers
American International Group posted a net loss of $7.8 billion for the first quarter of this year, citing the weak economic climate.The New York-based insurer ...
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