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Washington, D.C.--By a 9 to 5 vote, the Valuation of Securities "E" Task Force (VOS) of the National Association of Insurance Commissioners decided to defer a decision on the treatment of hybrid securi
WASHINGTON, D.C.--A National Association of Insurance Commissioners panel moved last week to break the logjam over the question of 100 percent collateral requirements for alien reinsurers, focusing eff
In his new role, Mr. Hendry will be responsible for overseeing Countrywide's central operations, claims and information technology, as the company looks to expand its operations and increase its prese
Regulators at the National Association of Insurance Commissioners, Kansas City, Mo., are considering the moratorium as one of a number of possible responses to concern over the growth of
Whitehill Technologies has purchased InSystems, a subsidiary of document services provider Standard Register. Financial terms of the deal were not disclosed. "We believe InSystems will be better
Allstate, which already has restricted the sale of homeowners policies in many hurricane-vulnerable areas, said last week it will no longer insure earthquake damage for some 352,000 policyholders
A pricing decline of 9 percent for umbrella/excess coverage last month was the most dramatic figure in the May MarketScout Barometer, which posted a composite decrease three points higher than the
Is there an $82 billion capital hole in the property-casualty insurance market? If so, who will fill it? Those were some of the troubling questions raised by catastrophe modeler Peter Nakada,
For the fifth consecutive year, National Underwriter is sponsoring a prestigious award program to recognize independent agencies that do an outstanding job selling insurance and related services,
Insurance industry opponents of a proposed national trust fund for asbestos exposure victims remained largely unconvinced last week that changes made by the sponsors of the measure would ease their
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