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The New York-based rating firm said a Special Report analyzed full-year 2007 GAAP financial results for publicly traded U.S. property-casualty insurers in an effort to quantify exposure to, and credit
Maurice Greenberg's Starr International Company, following a $900 million Moscow development deal last month, is now involved in another partnership to buy $786 million worth of Eastern European real
NEW YORK--Lawyers at an insurance seminar for attorneys here had a simple question for state insurance regulators: "Is state regulation working?" They answered that it was and questioned the need for a
NEW YORK--Lawyers at an insurance seminar for attorneys here had a simple question for state insurance regulators: "Is state regulation working?" They answered that it was and questioned the need for a
A California consumer group said controversial documents from a consulting firm used by Allstate that were released Friday are justification for regulators to slash the company's rates, even though it
DALLAS--Marine underwriters here were advised they need a better understanding of the cargo transportation process as greater security requirements make shipping operations more technologically sophist
Boston-based Liberty Mutual Agency Markets said it has a new Specialty Products Group created by consolidating the product lines of Liberty Mutual Surety, the former Ohio Casualty Bond and other speci
"We anticipate rate decreases to moderate for the remainder of 2008. However, a lessening rate decrease in 2008 does not mean the soft market is coming to an end," commented Richard Kerr, chairman and
The Florida Insurance Council released a report outlining difficulties at the current state insurance programs, Citizens Property Insurance Corporation and the state's Hurricane Catastrophe Fund, whic
DALLAS--An insurance consultant warned an industry conference here that overall growth and profitability of the property-casualty industry may suffer due to the combined effects of a soft market, the c
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