News

Profitability in the private U.S. property and casualty market rose sharply in the third quarter, and I.I.I. President Robert Hartwig says the industry on a firm trajectory for what will assuredly be its best year in the post-crisis era.

Profitability in the private U.S. property and casualty market rose sharply in the third quarter, and I.I.I. President Robert Hartwig says the industry on a firm trajectory for what will assuredly be its best year in the post-crisis era.

New York moved aggressively Friday to deal with the chronic problem of failed group self-insured trusts, issuing $370 million in bonds that will be used to assist businesses on the hook for failed trusts fulfill their obligations to their injured workers.

The Federal District Court in Gulfport may consider staying aspects of the planned National Flood Insurance Program rate hikes imposed by a 2012 law until the litigation is resolved or affordability studies are concluded, a senior research attorney at the University of Mississippi concluded in a new paper.

The Federal District Court in Gulfport may consider staying aspects of the planned National Flood Insurance Program rate hikes imposed by a 2012 law until the litigation is resolved or affordability studies are concluded, a senior research attorney at the University of Mississippi concluded in a new paper.

Shares of Ambac Financial Group Inc could be poised for steep gains in the coming years if the bond insurer continues to shrink its portfolio of obligations, business weekly Barron's wrote on Sunday.