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Sens. Mary Landrieu, D-La., and David Vitter, R-La., placed holds on the legislation, which would have phased out subsidies for secondary residences, increased participation in the flood program and f
"The purpose for this legislation is to provide incentives for states to adopt higher building code standards, which will ultimately help preserve property, promote public safety, and make Americans a
As insurers began to cope with claims from burned out homeowners, fires continued to rage in Southern California consuming houses, businesses and acreage in one of the worst wildfires to hit the state
As insurers began to cope with claims from burned out homeowners, fires continued to rage in Southern California consuming houses, businesses and acreage in one of the worst wildfires to hit the state
Both Greenwich, Conn.-based W.R. Berkley Corp. and Bermuda-based PartnerRe reported increased third-quarter net income last night, but executives of the two companies gave slightly different views of
For the months covering July to September of this year, 103 brokers surveyed said the average price decline was 13.3 percent, with large accounts receiving the highest decline at 15.9 percent. Medium-
The Daytona Beach, Fla.-based insurance broker reported net growth in the third quarter of this year was down $4.6 million to $39 million compared with last year in its Florida retail market. Organic
A huge rise in natural catastrophe events means that insurers and reinsurers must sharpen data on risks they insure with a major focus on high-population, high-dollar urban areas, a reinsurer advised
A huge rise in natural catastrophe events means that insurers and reinsurers must sharpen data on risks they insure with a major focus on high-population, high-dollar urban areas, a reinsurer advised
At the same time, Best upgraded Amlin plc, the non-operating holding company of the Amlin group of companies, issuer credit rating to "a-minus" from "triple-b-plus," and the debt ratings to "triple-b-
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