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WASHINGTON--There is "no compelling evidence" that the use of credit scoring discriminates against minorities, the Federal Reserve Board says in a new report cited by insurers as further evidence their
California regulators have proposed changing the manner in which insurance companies would collect deductibles for large-deductible workers' compensation policies, drawing criticism from an insurance
An organization whose members manage bankrupt insurance operations said it will hold an October meeting in New York at which industry leaders will discuss approaches to investment, runoff and rehabili
The London-based Beazley Group plc announced yesterday that Chief Executive Andrew Beazley will have a reduced day-to-day involvement in the business in the coming months as he undergoes medical treat
Overall, the comp news is good for risk managers, but they should be cautious because the market is cyclical and conditions will not last forever, was the advice from a panel of industry experts addre
In the ratings announcement yesterday, Best said SPARTA's excellent capitalization, experienced management team, stringent underwriting guidelines, conservative business plan and state-of-the-art tech
"I'll be taking a very close look at this in the coming weeks," promised Alex Sink, who oversees the Department of Financial Services, speaking at the annual Workers' Compensation Educational Conferen
Risk managers can play an important role in complying with corporate disclosures required by the federal Sarbanes-Oxley Act, though few do today, according to a survey of risk managers taken by a cons
WASHINGTON--The Department of Homeland Security said today in an interim report to Congress that it has uncovered "no evidence" that insurers improperly shifted Hurricane Katrina wind damage losses to
In the most recent hurricane advisory from the National Weather Service, the storm has sustained winds of 110 mph and may weaken further over the next 24 hours. The Big Island is expected to receive t
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