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WASHINGTON--Rates charged homeowners and businesses by the National Flood Insurance Program are based on an outdated computer model that doesn't accurately reflect the risk of losses from flooding, the

"However, the losses may significantly impact the terrorism insurance market," he added. "It now seems that the hotels are insured against the peril of terrorism through the Indian terrorism pool, whi

New York State Insurance Superintendent Eric Dinallo and Antoine Mantel, France's insurance regulator, announced they have executed a memorandum of understanding allowing for closer cooperation betwee

New York State Insurance Superintendent Eric Dinallo and Antoine Mantel, France's insurance regulator, announced they have executed a memorandum of understanding allowing for closer cooperation betwee

Ascension Insurance Inc., a Kansas City, Mo.-based insurance agency, announced the acquisition of Charlotte, N.C.-based First Charter Insurance Services Inc. from Fifth Third Bank Corp. Transaction te

Branchville, N.J.-based insurer Selective Insurance Group Inc. named Tony D. Harnett vice president and controller. He fills a position that was vacant for some time, according to a company spokeswoma