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Lightyear Capital LLC, a New York-based private equity firm, announced today that it has established a Bermuda-based holding company sponsoring a Lloyd's syndicate with $270 million in underwriting ca
New York's chief insurance regulator said today he is proposing a regulation requiring property insurers to direct part of the premiums they collect into a catastrophe reserve fund to help pay for nat
U.S. Geological Survey, said RAA, will provide updates to the latest data entered into the catalog and discuss whether the new information is likely to affect cat models, according to the RAA Web site
Rep. Paul Kanjorski, D-Penn., who chairs the House Financial Services Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises, which held the session on insurance regulatory re
The Association of British Insurers urged the UK government to move quickly on flood remediation projects while noting it will be awhile before flooded property owners recover from an estimated $6 bil
Five former New York state insurance superintendents are scheduled to participate in the discussion. The ex-regulators are: Howard Mills, Gregory V. Serio, James Corcoran, Sal Curiale and Al Lewis. Th
In its "Global Risk Management Survey '07," the Chicago-based brokerage found that the number one risk to all corporations is damage to reputation. The second major risk concern is business interrupti
In its "Global Risk Management Survey '07," the Chicago-based brokerage found that the number one risk to all corporations is damage to reputation. The second major risk concern is business interrupti
A continuing Florida probe of "potential collusion" over rates by property insurers is the result of a "warlike" political atmosphere setting state public officials against carriers, a trade group ex
It was presented by National Young Agents Committee (YAC) of the Alexandria, Va.-based Independent Insurance Agents & Brokers of America during the 2007 Young Agents Leadership Institute held last wee
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