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NEW YORK--In his first public address to a U.S. audience today, Lloyd's Chief Executive Officer Richard Ward guaranteed a transformation in the world's oldest insurance market by year's end--promising g
In a tightening market, the rating firm said a mortgage originator may loosen lending standards to maintain volume to cover fixed expenses, while staff layoffs could threaten underwriting and servicin
In a tightening market, the rating firm said a mortgage originator may loosen lending standards to maintain volume to cover fixed expenses, while staff layoffs could threaten underwriting and servicin
Checklists that describe insurance policies in simple terms may seem a good method to provide an understanding of policy contents, but their use creates minefields of misunderstanding, underwriters w
According to initial, unconsolidated regulatory filings published online in Highline Data's Insurance Analyst PRO database, the net industry combined ratio for 2006 was roughly 92, compared with 100 i
Earlier this year, during a visit to truck inspection facilities in El Paso, Texas, U.S. Transportation Secretary Mary E. Peters announced that U.S. trucks will for the first time be allowed to make d
Hub International Limited said it plans to acquire BNC Insurance Services Inc., an Arizona-based insurance brokerage firm that does business under the name Milne & BNC Insurance Services. Terms of the
In its statement yesterday, Lloyd's said the license approved by the China Insurance Regulatory Commission (CIRC) will enable Lloyd's to underwrite onshore reinsurance business throughout China. It wi
Founded in 1992, Producer's Choice is a managing general agency and wholesale life insurance broker specializing in large case management, advanced sales support, and substandard or hard-to-place case
Under terms of the agreement, Argo Group will become the Bermuda holding company for PXRE's existing insurance subsidiaries, Argonaut Group's U.S. operations and a newly formed Bermuda reinsurer named
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