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"No one is more looking forward to a trial in this matter than Betsy Monrad," her lawyer, Paul Shechtman of Stillman and Friedman in New York, said after the arraignment. "Virginia moves fast, but
When the Terrorism Risk Insurance Act finally runs out of steam in 2007, prospects for the insurance industry to pick up the slack appear pretty dim, according to executives with the insurance brokera
When the Terrorism Risk Insurance Act finally runs out of steam in 2007, prospects for the insurance industry to pick up the slack appear pretty dim, according to executives with the insurance brokera
Washington--This week's failure of the Senate Republican leadership to surmount a parliamentary hurdle on asbestos trust fund legislation means that the most realistic hope for reform lies in legislati
Alexandria, Va.--Three former General Reinsurance executives and one formerly with American International Group pleaded innocent in federal court today to charges they helped AIG improperly bolster ea
With private passenger automobile liability and physical damage lines accounting for more than 60 percent of net written premium for the sector, the personal lines segment's strong profitability has b
With private passenger automobile liability and physical damage lines accounting for more than 60 percent of net written premium for the sector, the personal lines segment's strong profitability has b
Specialty lines insurer James River Group Inc. today reported more than $12 million profit for the fourth quarter of 2005--despite $12.1 million after-tax costs for Hurricane Katrina--and said it is cha
Bank of America property-casualty analyst Brian Meredith said that while top line and year-over-year PIF growth in personal lines "continued to be challenged by competitive conditions, underlying marg
During the January 2006 renewals Converium said it wrote and bound an estimated non-life premium volume of about $1.13 billion--representing a decline of less than 3 percent (at constant foreign exchan
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