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In the London Market there are currently, on average, three endorsements for every contract and each endorsement must be evidenced in writing and agreed face-to-face, making it one of the most time-co
Rockhill, in Kansas City, Mo., will acquire all outstanding shares of RTW stock for $12.45 per share in cash. After the merger, RTW, which offers workers' compensation insurance and services, will con
Peter Sousounis, senior research scientist at AIR Worldwide, said Typhoon Wipha made landfall about 50 miles south of Wenzhou City in Zhejiang province of China with maximum sustained winds near 100 m
The Bay State could suffer billions of dollars worth of property damage from a big storm while also severely straining the resources of the state's FAIR (Fair Access to Insurance Requirements) Plan, a
GRAPEVINE, TEXAS--Measures that could increase insurers' lawsuit liability and cut into their bottom lines surfaced in statehouses across the country as Democrats took control in 2007, an official with
"You may wonder why I am talking about America at an event about the UK's resilience, but in the globalized world, what happens there impacts the rest of us," he said, according to a text of his speec
Ohio-based insurer Cincinnati Financial Corp. said it has asked a court to modify subpoenas received from Florida's insurance department related to its reinsurance program and contacts with insurance
WASHINGTON--The federal coordinator for Gulf Coast rebuilding briefed representatives of eight insurance companies yesterday on improvements to hurricane protection systems in the region and the status
WASHINGTON--The federal coordinator for Gulf Coast rebuilding briefed representatives of eight insurance companies yesterday on improvements to hurricane protection systems in the region and the status
NEW YORK--The subprime mortgage market collapse may not seriously affect insurers from an investment standpoint, but there are concerns about ripple effects and professional liability claims that could
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