In terms of underwriting, the company produced a combined ratio 11 points better than Bank of America expected, which may have resulted from lower than expected catastrophe results, although that numb

The awards recognizes those companies that have made imaginative, outstanding and unique contributions in advocating Best Practices philosophies that enhance the independent agency system. The program

WASHINGTON--While the commission charged with evaluating hurricane loss models for the state of Florida approved one model, it rejected another and faces criticism from that company that it is not adap

Richard Stokes, regional manager and counsel for the Property Casualty Insurers Association of America, noted the state already has comprehensive regulation governing how insurers use credit informati

Richard Stokes, regional manager and counsel for the Property Casualty Insurers Association of America, noted the state already has comprehensive regulation governing how insurers use credit informati

Morgan Stanley analyst William Wilt wrote in his five-year update on reserving issues that as for asbestos, the combination of "massive" reserve charges and new legal trends "have relegated the issue

Morgan Stanley analyst William Wilt wrote in his five-year update on reserving issues that as for asbestos, the combination of "massive" reserve charges and new legal trends "have relegated the issue

With the good news came a caution, however. NCCI Chief Actuary Dennis Mealy, in a statement released prior to his "state of the line' briefing at the meeting, warned that "despite excellent underwriti