News

California workers compensation insurers, which have been hurt by increasing underwriting losses over the past three years, should benefit from two bills signed into law recently, and from several bills opposed by the industry that were not signed, according to Moodys.

California workers compensation insurers, which have been hurt by increasing underwriting losses over the past three years, should benefit from two bills signed into law recently, and from several bills opposed by the industry that were not signed, according to Moodys.

Munich Re expects further writedowns on its holdings of Greek sovereign bonds in the third quarter, its chief financial officer said on Monday.

Munich Re expects further writedowns on its holdings of Greek sovereign bonds in the third quarter, its chief financial officer said on Monday.

Florida company gets bond capacity increase from Treasury Department.

Legislation introduced that would place significant restrictions on domestic insurers that cede reinsurance to their foreign affiliates is being strongly opposed by the Risk and Insurance Management Society, (RIMS), which it says could ultimately impact capacity.