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Businesses believe terrorism insurance is a valuable risk management component, so slightly more firms have purchased it and retained it despite property insurance rate increases in 2005, according to
The Florida insurance commissioner issued an announcement yesterday saying that with the hurricane season now underway, he was happy to introduce eight new carriers that have entered the state's prope
SAN FRANCISCO--Insurance regulators meeting here said they have experienced difficulties but will continue efforts to develop a market conduct annual statement database, despite industry concerns it po
SAN FRANCISCO--Insurance regulators meeting here said they have experienced difficulties but will continue efforts to develop a market conduct annual statement database, despite industry concerns it po
At the closing session of the National Association of Insurance Commissioners summer meeting, industry representatives resisted entreaties that a series of interrogatories related to global warming sh
New York State Insurance Superintendent Eric Dinallo announced proposed regulations yesterday aimed at cutting the time it takes to resolve disputed workers' compensation claims to 90 days instead of
The rating firm said it expects that the overall level of loss reserves will continue to escalate over the next few years as the weaker vintages of 2005 and 2006 mortgages begin to reach their peak de
Is the term "independent agent" an oxymoron? After all, you can't buy insurance from just any carrier when you enter an independent agency--only from those insurers the agent represents. In these
Insurers had argued for a flexible standard on such "adverse action notices." Had their position been rejected by the high court, the industry could have faced a new wave of class-action lawsuits from
Trade groups urged state insurance commissioners meeting here to oppose a bill before Congress that would eliminate insurers' antitrust provisions in the McCarran-Ferguson Act, warning that it would d
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