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The framework, approved at a session of the Reinsurance Task Force of the National Association of Insurance Commissioners, will next go before the NAIC's Financial Condition "E" Committee, before

House Democrats have scheduled a vote this week on legislation designed to signal the Senate that some of the provisions in its original version of the bill extending the federal backstop for

The action follows last month's federal indictment of Mr. Scruggs, his son Zachary and three associates for allegedly attempting to bribe a judge in an effort to fix the outcome of a dispute over

The National Association of Insurance Commissioners will work next year on a proposal for standardizing insurance regulation nationwide that it can bring before Congress, according to the group's new

Marsh has tapped an AIG executive and former employee, Daniel S. Glaser, as its new chairman and chief executive officer. His task is formidable--to turn around a troubled firm challenged by the

New York--Pricing actuaries face a number of tough challenges beyond sparring with underwriters over how much they can drop insurance rates when property-casualty markets turn soft, a veteran of the pr