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Florida's chief insurance regulator said today in an exclusive interview that he hopes to put a final rule in place by April allowing foreign reinsurers to operate without necessarily posting any coll
Florida's chief insurance regulator said today in an exclusive interview that he hopes to put a final rule in place by April allowing foreign reinsurers to operate without necessarily posting any coll
ACORD and the London Market Insurance Brokers' Committee (LMBC) have formed the ACORD Brokers Committee "to increase communication and interaction between ACORD and medium-to-small brokers in the Lond
AIR said the estimate reflects losses to property and contents; direct business interruption; and additional living expenses for residential, mobile home, commercial and auto exposures. They do not in
In addition, the deadline for nominations from interested third parties--including insurance companies, managing general agencies, tech vendors and user groups--has been extended to Feb. 11. Once NU rec
Bryan Cave, LLC based in Kansas City, Mo., conducted an internal investigation into the approval process related to the adoption of the Viatical Settlements Model Act by the NAIC, which found that the
Dallas-based MarketScout issued its monthly Market Barometer, based on the insurance exchange's figures, which showed the overall market drop for the year was an average 13.25 percent. MarketScout has
NEW YORK--Insurance regulators from two coastal states sparred yesterday over what the federal government's role should be in solving catastrophe insurance problems, with one saying the government shou
NEW YORK--Property-casualty industry leaders are generally pessimistic about the year ahead, expecting a deepening soft market and deteriorating profitability, with even a mild recession making it that
The $614 million case loss is tied to securitizations of prime home equity lines of credit and prime closed-end second lien mortgages (mortgage bonds that cannot be repaid before maturity without perm
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