News

Economic turmoil and an increasing demand for coverage is prompting reinsurance sellers to hike rates, with double-digit price increases seen on average for U.S. risks as the Jan. 1 renewal season

New York-based Standard & Poor's changed its rating outlook for personal lines insurers to negative last month, indicating that ratings downgrades are expected to outpace upgrades over the next

Delivering bad news for directors and officers liability insurers who cover defendants in securities suits, studies show the number of class actions jumped 19 percent in 2008, and that large

The Toa Reinsurance Company of America, the Morristown, N.J.-based subsidiary of Tokyo-headquartered Toa Reinsurance Company Ltd., announced that Edward J. Stanco has been appointed as its chief

The firm, which provides mortgage, retirement income, life and long-term care, Medicare and supplement insurance products as well as related financial and wellness advisory services revealed the step

"Today we face a transformational moment," said Rep. Rosa DeLauro, D-Conn., chief sponsor of the Paycheck Fairness Act. "With a new Congress, a new administration, we have a chance to finally provide