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Hearings on Allstate's auto insurance rates in California opened yesterday with a consumer group announcing that the company was overcharging drivers and Allstate responding that the charges were unfo
A federal judge has ruled that prosecutors at the trial of five reinsurance executives can play tapes of a witness discussing how far American Insurance Group would go to present a phony financial pic
The superintendent issued 10 principles for insurers and 10 for regulators. Mr. Dinallo contends it will help create a more nimble insurance industry that will be more competitive on the world stage i
The superintendent issued 10 principles for insurers and 10 for regulators. Mr. Dinallo contends it will help create a more nimble insurance industry that will be more competitive on the world stage i
The Chicago-based broker said JM Associates has specialized in providing casualty insurance for the elevator industry for the past 15 years. The agency will add $2.5 million in net revenue to Hub's op
MarketScout said, however, that the profits are driving the soft market, resulting in a composite property-casualty average rate change of minus-15 percent in October. Commercial property and general
NEW YORK--State regulation of the insurance business provides a more diverse, nimbler, less inept and less remote system of control than any federal system that could be developed, five former New York
Mr. Fitzgerald, who assumes a newly created position, the company said, joins The Hanover from CNA Surety, where he served as director, New York City-Metro region. In this capacity, he led the compan
As insurers' claim count from the California wildfires soared above 14,000 and modelers said insured losses could hit $1.6 billion, a reinsurance expert suggested last week that carriers should have
Spain's largest insurer, MAPFRE S.A., and the Webster, Mass.-based Commerce Group Inc. have signed an agreement for MAPFRE to acquire the auto carrier in a $2.2 billion cash deal, the companies said
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