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NCOIL president, Michigan State Sen. Alan Sanborn, R-Richmond, said the Insurance Legislators Foundation study is the first of its kind and will aim to create a more effective and efficient structure
The New York-based firm said IPC Re's "chosen narrow business focus" puts constraints on its strategic flexibility and makes it "more vulnerable to external factors that are beyond its control than ar
Rep. Paul Kanjorski, D-Pa., chairman of the Capital Markets, Insurance, and Government Sponsored Enterprises Subcommittee of the House Financial Services Committee, said the hearing is being held so
Rep. Paul Kanjorski, D-Pa., chairman of the Capital Markets, Insurance, and Government Sponsored Enterprises Subcommittee of the House Financial Services Committee, said the hearing is being held so
Did Uncle Sam really have to take a nearly 80 percent equity interest in the troubled AIG in return for the Fed's $85 billion line of credit to stave off bankruptcy, or will this marriage end up harmi
Consumer advocate J. Robert Hunter has called on regulators to repeal the homeowners policy clause that permits carriers to deny claims for wind losses if uncovered flooding causes damage at the same
Claims adjusters are stuck between a rock and a hard place, pressured by superiors to be constantly vigilant for fraud, and by policyholders who want their money yesterday. But with the proper trainin
Tom Maher, a former managing editor of National Underwriter, passed away last week at the age of 77. Editor In Chief Sam Friedman, who took over Tom's post in 1986, reminisces about his mentor and old
Now that it's clear Congress won't be adding wind exposures to the National Flood Insurance Program anytime soon, should private carriers be forced to write coverage for both risks in one policy, and
When a live-action movie about Mr. Magoo--the painfully nearsighted, accident-prone cartoon character--was released in the late 1990s, groups representing the blind protested and secured disclaimers fr
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