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But the fact the bill passed before Congress departs for a two-week break means that talks between House and Senate staff to reconcile the different bills can take place before the Senate returns to w
NEW YORK--U.S. commercial insurers' efforts to have Congress eliminate tax advantages for Bermuda insurers will be blocked by insurance buyers who have thwarted them in the past, a lobbyist suggested h
NEW YORK--The flood of capital that has moved into Bermuda in recent years is not responsible for creating or sustaining a soft market, a representative of a Bermuda insurers and reinsurers trade group
"While insurers and financial services companies have been demonstrating ERM to the rating agencies for some time, most non-financial companies have not taken an enterprise approach to managing risk,"
A Pennsylvania appeals court has turned down an attempt by Gallagher Bassett risk management firm to vacate a jury award for more than $2 million in favor of a Catholic Diocese in a case involving a s
Florida authorities said today that First American Title Insurance Company had agreed to pay $5 million in penalties and costs for allegedly securing business by paying "kickbacks" to builders, banker
The cuts amount to 7 percent of the IT staff and one percent of the personal lines group nationally. This amounts to about one percent of the company's total workforce of more than 20,000. Most of the
Representatives of four captive insurance associations said after a day of lobbying key members of Congress yesterday that they made progress fighting a proposed IRS regulation they believe would unde
Skywire Software, a provider of software and services to the insurance industry, has formed a partnership with policy administration vendor Insurance Systems Inc. (ISI). The alliance will give
The two seasoned combatants in "The Battle Of The Bobs"--who regularly clash indirectly in the media and in Congressional testimony whenever the industry is embroiled in a political crisis--took their
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