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Will Congress strip the insurance industry of its cherished antitrust exemption to punish carriers for allegedly cheating homeowners on Hurricane Katrina claims? And if they do pull the rug out from
Top editors from the four leading risk management publications will join forces next month to provide a behind-the-scenes look at how journalists cover the buyer community and the wider commercial
The Thomson Corporation announced the acquisition of Oden Insurance Services, Inc., a provider of insurance compliance and advisory information and workflow tools. Oden will be aligned with Thomson
Citizens, the state's residual property market, was unable to produce a report as required by June 30, 2006 due to its claims volume from Hurricane Katrina and Rita, Mr. Purpera explained. The
The comments came from Kevin Kelley, chief executive officer of Lexington Insurance Company in Lexington, Mass., speaking at seminar sponsored by American International Group on homeland security issu
The comments came from Kevin Kelley, chief executive officer of Lexington Insurance Company in Lexington, Mass., speaking at seminar sponsored by American International Group on homeland security issu
In a special conference call yesterday, the parent Financial Condition Committee voted to send the issue back to the task force with the additional charge of taking a broader look at reinsurance regul
"We submitted this petition in response to the March 6 LDOI order," the company said. "Allstate believes that by taking this step we are working to avoid customer confusion resulting from the March 6
Richard Kerr, chairman and chief executive officer of Dallas-based MarketScout, which produced the report, said, "Barring a catastrophic wind season or other natural catastrophe, 2007 will be a tough
According to the trade groups, the NAIC Financial Condition Committee has now agreed that the critical issues that must be examined include the appropriate risk-based capital charge for reinsurance; a
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