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The Northbrook, Ill.-based carrier said it will be contacting customers about reinstating wind and hail coverage that was removed when insureds switched companies in the state. It will also pay the de

An insured can assert a claim against an insurer for certain additional losses when the insurer acts in bad faith and contributes to the policyholder's additional loss despite a policy exclusion of su

Montpelier Re Holdings Ltd. said it expects to book between $30 million and $40 million in net losses for large individual risks in the first quarter of 2008, reflecting an industry loss of about $2 b

The regulation, 1.1502-13(e), proposed on Sept. 28, 2007, would have eliminated the tax deduction for reserves established by captive insurers for insurance sold to affiliates, if the insureds and in

WASHINGTON--In the first of the Katrina flood cases to hit the Supreme Court, the court declined to review a federal appeals court ruling that upheld the flood exclusion in homeowners policies issued b

Established in 1992, Leicht General Agency is a wholesale insurance broker and managing general agent. They provide excess and surplus property-casualty coverage including professional and general lia