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SAN ANTONIO, TEXAS--Insurance company representatives here for the National Association of Insurance Commissioners voiced fears that new burdens will be put on them to help alleviate the impact of glob
SAN ANTONIO, TEXAS--The head of a national regulators' unit working on a catastrophe insurance plan voiced enthusiasm here for the new focus the incoming Democratic leadership in Congress has said it w
ACE Chief Executive Officer Evan Greenberg told an investors conference today that federal rules barring the accumulation of catastrophe reserves need fixing, but tax statutes relating to Bermuda co
ACE Chief Executive Officer Evan Greenberg told an investors conference today that federal rules barring the accumulation of catastrophe reserves need fixing, but tax statutes relating to Bermuda co
NEW YORK--While insurers are breathing a sigh of relief that 2006 will pass without a major catastrophe, the industry is still in financial recovery and securitization will continue to play a major rol
A Dec. 6, NU Online article "Hurricane Cycle May End Soon," should have stated that the impact point where 11 major hurricanes hit between 1933 ...
Explaining today's action on Arch Reinsurance Ltd. and affiliates--taking their financial strength ratings up a notch from "A-minus"--the Oldwick, N.J.-based rating agency said the upgrade reflects Arch
On property-casualty issues, funded representative Birny Birnbaum said the NAIC delivered a "good performance" on catastrophe insurance issues, but noted the inconsistency of trying to fend off federa
On property-casualty issues, funded representative Birny Birnbaum said the NAIC delivered a "good performance" on catastrophe insurance issues, but noted the inconsistency of trying to fend off federa
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