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Standard & Poor's has changed the rating outlooks for Munich Reinsurance Co. and its U.S. affiliate American Re-Insurance from stable to positive and indicated the two firms might qualify for a "doub
WASHINGTON--The National Association of Insurance Commissioners and insurance industry trade groups are voicing support for legislation aimed at making the National Flood Insurance Program self-support
The action came after last week's order by Japan's financial regulator, Financial Services Agency (FSA), suspending the company from writing property-casualty insurance for two weeks, and the indefini
With the Delaware River rising well above flood stage, New Jersey's Department of Banking and Insurance, with capital offices near the riverbank, closed its Trenton, N.J., facilities for a second day
DRP Guide is launching a new offering of online assessment and diagnostic tools designed for the hiring, selection, and skills evaluation of insurance auto physical damage appraisers, independent
The self-regulatory group notes that member firms have suggested that they might respond by letting employees work at home, shifting work to overseas affiliates, or even arranging for other companies
Patni Computer Systems, Ltd., an information technology services provider, announced yesterday that it has formed a strategic alliance with Clear Technology Inc., a software solutions company serving
Financial terms of the arrangement were not announced, but Reston, Va.-based Q.Know said under the terms of the agreement it will provide New York-based Praetorian with the firm's proprietary enterpri
The insurance industry saw a gain in first-quarter underwriting profits of 20.8 percent, but future catastrophe losses will likely mean it cannot maintain that growth rate throughout 2006, according t
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