Robert Hartwig, Insurance Information Institute president and chief economist, said p-c companies have only a 17 percent of their assets in stocks so a drop in the price of shares would have only "a m

The new law also eliminates a requirement that Citizens' rates be noncompetitive and creates an anti-cherry picking measure requiring auto insurers in Florida that write homeowners coverage in other s

Sovereign General Insurance Company, headquartered in Calgary, Alberta, Canada, and Boston-based OneBeacon have signed a strategic alliance agreement that will introduce some commercial lines business

WASHINGTON--Insurance industry critics in Congress signaled yesterday they will continue their campaign against insurers by scheduling a March 7 hearing over whether carriers' antitrust immunity is goo

WASHINGTON--Insurance industry critics in Congress signaled yesterday they will continue their campaign against insurers by scheduling a March 7 hearing over whether carriers' antitrust immunity is goo

New York Governor Eliot Spitzer today announced an agreement between the legislative and executive branches to reform the state's system that would increase benefits for injured workers over a four-ye

"Asbestos reserving and claims activity has slowed for the past three years, as judges and state legislators crack down on some of the more aggressively egregious tactics of plaintiff's attorneys," th

Gary Kerney, assistant vice president of Property Claims Services--a division of Jersey City, N.J.-based ISO--said today that insured losses from the Feb. 2 tornadoes that damaged four central Florida