XL Insurance, the insurance operation of XL Capital Ltd., announced yesterday it had completed the acquisition of Global Asset Protection Services LLC from Swiss Re. The purchase price was not announc

Miami is projected to have the world's highest coastal flood risk by the 2070s, with property and infrastructure exposed assets increasing from $400 billion today to more than $3.5 trillion, according

That scheme will now go before the NAIC's Financial Condition "E" Committee before proceeding to the NAIC executive committee and then a final plenary session. The framework allows non-U.S. reinsurers

o Improved national leadership and coordination with national targets for reducing flood risk. A single national body would be responsible for flood management strategy to replace the current piecemea

eLynx, a provider of document communications network for the financial services industry, announced the integration of its Expedite suite of on-demand e-business services with the NAVA

Their comments followed another NAIC liaison meeting, this one with consumer representatives, who recommended that commissioners pursue a policy of open meetings to ensure better participation when

What are the ethical implications of the concurrent causation clause in property policies, which critics contend unfairly leaves those hit by both wind and flood damage without coverage, but which car

The announcement that another former NAIC president, Alabama's Walter Bell, was quitting to move into the industry he'd been supervising revved up the revolving door between government and the private