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The superintendent issued 10 principles for insurers and 10 for regulators. Mr. Dinallo contends it will help create a more nimble insurance industry that will be more competitive on the world stage i

The Chicago-based broker said JM Associates has specialized in providing casualty insurance for the elevator industry for the past 15 years. The agency will add $2.5 million in net revenue to Hub's op

MarketScout said, however, that the profits are driving the soft market, resulting in a composite property-casualty average rate change of minus-15 percent in October. Commercial property and general

NEW YORK--State regulation of the insurance business provides a more diverse, nimbler, less inept and less remote system of control than any federal system that could be developed, five former New York

Mr. Fitzgerald, who assumes a newly created position, the company said, joins The Hanover from CNA Surety, where he served as director, New York City-Metro region. In this capacity, he led the compan

As insurers' claim count from the California wildfires soared above 14,000 and modelers said insured losses could hit $1.6 billion, a reinsurance expert suggested last week that carriers should have

Spain's largest insurer, MAPFRE S.A., and the Webster, Mass.-based Commerce Group Inc. have signed an agreement for MAPFRE to acquire the auto carrier in a $2.2 billion cash deal, the companies said

Between extreme views of maintaining the current system of 50-state regulation of insurance and entirely replacing it with a federal one, other speakers at last week's hearing before the Capital