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Extension of the Terrorism Risk Insurance Act is anything but a slam dunk, warns NU Editor In Chief Sam Friedman, who calls on insurers, agents and brokers, and commercial insurance buyers to start lo
WASHINGTON--Insurers would be required to "commercially disclose" total-loss vehicle information under legislation Sen. Trent Lott, R-Miss., and two congressmen said they would introduce in the next Co
On the topic of mergers and acquisitions, Sam Stovall, chief investment strategist, said that during the past 12 months there was more than $12 trillion in merger and acquisition activity--equal to abo
WASHINGTON--Financial services firms, including insurers, are seeing Treasury Secretary Henry Paulson off on his trip to China with a White Paper, which asks him to ensure increased market access to Ch
Gallagher Re and the New York Mercantile Exchange today announced they have reached an agreement allowing NYMEX to list future contracts for real-time electronic trading of property damage risk exposu
As a lead investor, the U.K.-based Brit Insurance subscribed $21.1 million, giving it an overall interest of 19.6 percent of the initial $107.7 million capital. The remainder is owned by international
As a lead investor, the U.K.-based Brit Insurance subscribed $21.1 million, giving it an overall interest of 19.6 percent of the initial $107.7 million capital. The remainder is owned by international
Trevor G. Carvey has been appointed managing director of Harbor Point Re UK. Mr. Carvey, who has a track record as a global marine and energy underwriter, will be responsible for identifying a broad r
"The ratings within the sector support this buoyant view, with 79 percent of insurance ratings assigned a stable outlook or developing CreditWatch listing, 16 percent a positive outlook or CreditWatch
"Companies will now be responsible for all their policies, forcing responsible management of losses and a greater incentive to fight fraud in the marketplace, which means lower rates for drivers," she
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