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ORLANDO--The two men running to succeed him as Florida governor have made "foolish" proposals to deal with the state's problems with the property catastrophe insurance market, Gov. Jeb Bush told an ins
WASHINGTON--The public sector can speed ongoing recovery from Hurricanes Katrina and Rita by building the Gulf Coast consumers' and businesses' confidence by working to ensure the area is better prepar
WASHINGTON--The public sector can speed ongoing recovery from Hurricanes Katrina and Rita by building the Gulf Coast consumers' and businesses' confidence by working to ensure the area is better prepar
J. Robert Hunter, Director of Insurance for the Consumer Federation of America, said industry figures "provide continuing evidence that the skyrocketing insurance rates of 2000 to 2003 have led to rec
Last week, the commissioner rejected an NCCI proposal for a 13.3 percent rate level cutback for the voluntary market and asked for an amended filing with a decrease of an additional 2.4 percent for a
For ACE, the exact third-quarter net income figure was the higher of the two, coming in at $578 million, or $1.72 per share, compared with a net loss of $112 million, or 43 cents per share in last yea
An independent agent's group in New Jersey will hold the first meeting of a newly-created forum for women next month in an effort to advance women's ability to own agencies, the chairwoman of the prog
For the quarter, net income was slightly down by $300,000, from $50.5 million in the comparable period last year to $50.2 million. The slight loss translated into a one cent drop in earnings per share
The owner of a firm using predictive modeling to locate baseball talent told a recent meeting of insurance actuaries that a key challenge they face is getting their management to invest in and support
If the use of consumer credit records for underwriting is banned, insurers will need to develop new evaluation techniques to help them assess risks, actuaries were told at a recent industry conference
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