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An insurance industry lobbyist argued to Wisconsin legislators today that use of credit scores in determining insurance rates means customers who are good risks do not subsidize those who are bad risk
The firm, n its U.S. personal lines outlook report, aid it does not believe "the sizable profit margins of the recent past will continue because of intense rate competition, especially in the auto mar
BMS Group, a reinsurance broker with its headquarters in London, said its actuarial and medical malpractice team reviewed the same figures used in an earlier report and concluded that medical malpract
Captive insurance industry representatives fighting an IRS proposal that would add to their tax burden said they met yesterday with Department of Treasury officials who seemed "genuinely interested" i
California Insurance Commissioner Steve Poizner said yesterday he is rejecting a request for an increase in the advisory rate he issues for workers' compensation insurance coverage, which will remain
A Canadian private-equity firm is calling for the breakup of Marsh & McLennan Companies, saying that separating the consulting and risk management units from the insurance brokerage would maximize sha
A Canadian private-equity firm is calling for the breakup of Marsh & McLennan Companies, saying that separating the consulting and risk management units from the insurance brokerage would maximize sha
Mississippi attorney Richard Scruggs, already facing criminal charges in Alabama over his handling of Hurricane Katrina insurance claims evidence, was indicted on federal bribery charges yesterday in
The ABIR represents Bermuda's 23 major international insurers and reinsurers. The 31-page report titled "Analysis of the U.S. Economic Impact of Bermuda-Based Insurers and Reinsurers," was done by GSP
Argo said it has named Mike Warfield president of Colony Insurance, an excess and surplus lines insurer. He succeeds Dale Pilkington, who was named president of Argo Group's U.S. operations last month
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