News

For the insurer and the owner of a vehicle involved in a "rock rental," parting is sweet sorrow indeed. This type of loss, which is also called a "drug give-up," refers to the growing incidence of

PHILADELPHIA--Consumer advocates and industry representatives clashed yesterday over the role of regulators in insurance and debated the advantages of strong, effective regulation versus regulation tha

WASHINGTON--Reinsurance industry trade groups said they are urging state and federal lawmakers to back legislation that promotes storm proofing of homes and land conservation to cut hurricane losses ra

On Friday, Bloomington, Ill.-based State Farm, the number one personal lines insurer in the four states declared catastrophe losses by the Insurance Information Services' Property Claim Services, said

Ironshore announced July 1 it was making an entry in the Lloyd's market and acquiring the firm from Chaucer Holdings PLC. Mark Wheeler serves as active underwriter for the Syndicate. Pembroke Managing

Return on equity dropped from 17.1 percent in 2006 to 15 percent in 2007, and net underwriting income dropped 18.1 percent to C$2.3 billion (U.S. $2.2 billion) in 2007. The combined ratio climbed from