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In a lawsuit filed May 23 in U.S. District Court in New Orleans, the hospital charged that Travelers failed to provide payments to Building Concepts & Designs Construction Inc. (BCDC) to make the
Safeco said that in his previous position Mr. Kari directed the bank's operational divisions, including financial management, sales and marketing, credit and collateral risk management, controllers, i
Safeco said that in his previous position Mr. Kari directed the bank's operational divisions, including financial management, sales and marketing, credit and collateral risk management, controllers, i
Insurance interests were successful in securing one change in the House legislation. Rather than having the measure effective immediately upon the governor's signature, the bill would not go into law
The Bermuda-based company, which has a market capitalization of $1.37 billion, initiated the restatement after examining whether three finite risk retrocession contracts contained enough risk transfer
The Bermuda-based company, which has a market capitalization of $1.37 billion, initiated the restatement after examining whether three finite risk retrocession contracts contained enough risk transfer
Frank Keating, chief executive officer of the American Council of Life Insurers, noted the Treasury Department will house the proposed federal insurance regulator should optional federal charter legis
Fitch analyst Brian Schneider said the rating reflected Citizens' state-authorized power to assess a large and diverse base of property insurers and policyholders in Florida following a large catastro
The bill was introduced May 25 by Sens. Bill Nelson, D-Fla., and Mary Landrieu, D-La., and won the praise of the co-chairs of ProtectingAmerica.org, a group formed to promote federal-state backstops f
As the National Association of Insurance Commissioners heats up efforts to restructure reinsurance regulation, ceding companies have formed their own interested parties group to advocate their unique
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