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In a phased approach, Aon will begin to transition its portfolio of specialist insurance and reinsurance business from physical to electronic distribution in July this year, the company said in a stat
The two Keynote studies indicated that 72 percent of consumers use the Internet to obtain auto insurance quotes. "In the highly competitive $158 billion auto insurance industry, price competitiveness
NEW YORK--Catastrophe bonds and other risk securities are seeing steady growth and appear to have a bright future, said industry experts, despite opinions to the contrary that the vehicles were fated t
That makes prompt restoration of industrial production and service facilities in the event of a terrorist attack important for the entire country, the official explained, because Just-in-Time policies
WASHINGTON--Federal legislation mandating uniform rules for surplus lines carriers and brokers was heartily endorsed Wednesday by witnesses testifying at a House Financial Services Committee hearing on
In disclosing the plans of Reps. Ed Royce, R-Calif., and Paul Kanjorski, D-Pa., to introduce legislation, Sen. John Sununu, R-N.H., said the lawmakers should work to maintain the broad focus of the Se
The decision to hold a session of the House Financial Services Committee's Oversight & Investigations Subcommittee and Homeland Security Committees Intelligence, Information Sharing and Terrorism Risk
The decision to hold a session of the House Financial Services Committee's Oversight & Investigations Subcommittee and Homeland Security Committees Intelligence, Information Sharing and Terrorism Risk
White Mountains' Chairman Jack Byrne offered reassuring words to shareholders yesterday concerning the wipeout of original investors in a reinsurance sidecar as a "sorry chapter" in the history of suc
New York's insurance superintendent has taken to the airwaves to warn consumers about fake insurance as his inquiry continues into a phony insurance operation that was exposed by a fatal accident, a s
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