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Insurer's investment portfolios will suffer minimal repercussions from the sub-prime mortgage meltdown, but resulting legal actions will probably cause professional liability claims, rating agency exe

"If a natural disaster were to occur, the CEO and the board are now held accountable," said John Merkovsky, Marsh global leader for Risk Consulting, during a conference call today. "It is no longer ac

WASHINGTON--A Treasury Department official testified today that legislation creating a joint federal-state program supporting programs providing homeowner catastrophe insurance would have a negative

"We will start to get a much better measurement of market conditions when underwriting execs return from August holidays and start thinking about their 2008 treaty renewals and how they have performed

An agent group praised New York's top insurance regulator today for recommending a private insurers association no longer develop workers' compensation insurance rates, and said he should replace the

AIG said it will begin marketing its directors and officers, errors and omissions, employment practices, fiduciary (PTL) and fidelity liability insurance and services under the new AIG Executive Liabi