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WASHINGTON--Treasury Secretary Henry Paulson Jr. said yesterday the Bush administration's "blueprint" for modernizing the U.S. financial services industry will address "the important role that insuranc
WASHINGTON--In a case of politics making strange bedfellows, J. Robert Hunter of the Consumer Federation of America and the Reinsurance Association of America have joined to oppose legislation expandin
A majority of the stockholders of North American Insurance Leaders, a New York-based publicly traded special purpose acquisition corporation, voted against buying the Irving, Texas-based MGA at an ann
A majority of the stockholders of North American Insurance Leaders, a New York-based publicly traded special purpose acquisition corporation, voted against buying the Irving, Texas-based MGA at an ann
A recent regulatory battle between a risk retention group (RRG) and California as well as other state skirmishes has prompted the Self-Insurance Institute of America Inc. to establish a legal defense
Risk Management Solutions announced the launch of its first probabilistic model to enhance the way account underwriters quantify and manage exposure to fire risk. Aimed at primary commercial and
According to the Web site of the Center for Responsive Politics, a bipartisan watchdog group, through January Sen. Clinton raised $781,361 in insurance industry contributions. Sen. Barack Obama,
Itasca, Ill.-based insurance brokerage Arthur J. Gallagher & Co. said yesterday it had completed the $45 million sale of Gallagher Re to Aon Corporation after finalizing the sale of the United Kingdom
In calling for the measure, Tom Renyi, chairman of the Financial Services Roundtable, cited the problems of the state-regulated bond insurance industry and the lack of an optional federal insurance ch
Fitch said that for the second consecutive year underwriting results benefited from benign natural catastrophe activity and positive loss reserve development that combined to partially offset the adve
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